Written Question·Treasury·UIN 64445

Fossil Fuels: Prices

Tabled: 2 July 2025

Answered: 8 July 2025

Question

Kirsty Blackman

Scottish National Party — Aberdeen North

To ask the Chancellor of the Exchequer, when her Department plans to respond to the consultation on the Oil and gas price mechanism, which closed on 28 May 2025.

Answer

James Murray

The government is committed to providing long-term certainty to the oil and gas sector over the future fiscal regime. That is why the Oil and Gas Price Mechanism consultation, published on 5 March 2025, explored proposals for how the tax system should res...

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