GovWire

In June 2023 the government published a terms of reference for the oil and gas fiscal regime review and committed to engaging with interested stakeholders as part of this review. The terms of reference confirmed that the review would focus on how the fiscal regime can support the countrys energy security while also realising our net-zero commitments in the medium and long term. This call for evidence seeks views on the evolving context of oil and gas production and how the design of the long term fiscal regime has an impact on the activity of the sector.