Oil & Gas UK chief executive Malcolm Webb sits down with the Chief Secretary to the Treasury, Danny Alexander in an exclusive interview for Energy Voice.
The minister set out the plans by the government including the introduction of new tax breaks to trigger a fresh wave of North Sea exploration.
Chancellor George Osborne yesterday pledged to reduce the supplementary charge from 32% to 30%, expand the ring-fenced expenditure supplement from six to 10 years, and introduce a new cluster area allowance.
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