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Title
Darling proposes offshore UK tax relief.
Abstract
The article reports on the proposed tax relief by British Finance Minister Alistair Darling for oil and gas companies. The proposal aims to boost investment in exploration and production from offshore oil and gas fields. Darling says he is consulting with the industry over how they can put in place the right incentives to increase production from marginal oil fields. The statement given by Oil and Gas spokesperson Sally Fraser on the issue is presented.