Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what the net flow of revenue has been between the Treasury and North Sea oil and gas companies over the last three years.

Government tax revenues from North Sea Oil and Gas companies over the last three years are reproduced in the table below. More details can be found in Table 11.11 in the publication “Statistics of Government revenues from UK Oil and Gas production”. Total Government revenue, including oil licence fees, is published by the Oil and Gas Authority at “Table: Government revenues from UK oil and gas production 1964/65-2017/18”

Link to publications: https://www.gov.uk/government/statistics/government-revenues-from-uk-oil-and-gas-production--2

https://www.ogauthority.co.uk/media/5138/tax_table_nov_2018.pdf