Image of PressTV-UK taxpayers face massive bill on oil projects
PressTV-UK taxpayers face massive bill on oil projects
British taxpayers might be forced to burden a £24 billion bill if the UK government decides to decommission its oil and gas fields in the North Sea, according to a new report.The new estimate, put forth by the energy research group Wood Mackenzie on Sunday, exceeds the UK Treasury Department’s £16 billion forecast by 50 percent, according to the Financial Times.The group warned that plugging wells... [Read More]