Wireline Issue 25 Autumn 2013

ECONOMIC CONTRIBUTION

FACTS AND FIGURES

Nine new fields came on-stream in 2012 and production boosted the balance of payments by £32 billion

DOWNLOAD THE FULL REPORT AT www.oilandgasuk.co.uk/ 2013-economic-report.cfm

£6.5 billion

£5 billion

The UK is the third largest producer of gas

Producers paid £6.5 billion in tax and the supply chain paid another £5 billion in corporation and payroll taxes in 2012-13

and second largest producer of oil in Europe

Investing over £13.5 billion £

In 2013

15 new fields are anticipated to come on-stream

45 projects have been approved by the Department of Energy and Climate Change over the last two years

this year in future production, more than any other UK industrial sector

W I R E L I N E - I S S U E 2 5 A U T U M N 2 0 1 3

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