Question to the Department for Energy Security & Net Zero:

To ask the Secretary of State for Energy Security and Net Zero, with reference to the document entitled UKCS Decommissioning Cost and Performance Update 2024, published on 16 June 2024, whether the estimates of the annual cost of decommissioning offshore oil and gas infrastructure are net of annual relief on corporation tax granted for decommissioning expenditure in the oil and gas sector.

The decommissioning cost estimates referred to, which are published by the North Sea Transition Authority, are pre-tax. Any annual relief on corporation tax granted for decommissioning expenditure in the oil and gas sector has not been applied.