Top UK Oil, Gas Producer Asks Sunak for Windfall-Tax Rethink
- Harbour Energy CEO Linda Cook sends letter to UK Chancellor
- Levy ‘disproportionately’ hits firms like Harbour: Cook
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The UK’s largest oil and gas producer wrote to Chancellor of the Exchequer Rishi Sunak asking for a rethink of his £5 billion windfall tax on the industry.
Harbour Energy Plc Chief Executive Officer Linda Cook told Sunak in the letter that the Energy Profits Levy announced last month disproportionately affects independent oil and gas companies, rather than global majors such as BP Plc and Shell Plc.