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Sunak to Meet With UK Oil and Gas Firms to Discuss Windfall Tax

June 21, 2022, 4:43 PM

UK Chancellor of the Exchequer Rishi Sunak is due to meet with oil and gas producers amid discontent over the windfall tax he announced last month.

The discussion, which is scheduled take place on Thursday in Aberdeen, Scotland will include senior management and chief executives of oil and gas companies that operate in the North Sea, according to people with knowledge of the meeting, who asked not to be named because the information isn’t public.

The UK government announced a 25% windfall tax on oil and gas producers in order to raise funds for a program to help people pay ...