Member Info for theshipscook1

I guess a lot of the situation isnt of his making, what he shouldn't have done is petulantly closed the door on any future UK north sea. imo. Makes buying any further stake in Total's assets more tricky, as it will come across as a u-turn. Viaro et al just go about their business quietly (granted they are private), but nevertheless....sigh

If only to stop the price dropping. It has become too easy to focus on the negatives here, and it's playing into the general apathy.

He needs to shut up some people who 'hear things'.

Harsh...cynical. ...........probably true :))

Cant be 2023....thats now. I think

At least 78% is returned as a tax recovery

Dont forget any price above €47 incurs windfall taxes for dutch assets

The UK is an outlier here. AA will expand in Norway and somewhere else........and 'may' do something in Netherlands if gas stays at this price. The UK is a gas wasteland with their energy profits levy with gas prices where they are. It could actually reduce tax income overall where prices are at.

I am not wrong. There are no extra taxes at the current tff gas price.

No windfall tax at these prices on ANY dutch gas

Thank fk for that

Keep an eye on oil prices. I feel something will happen to drop them too and windfall taxes 'may' fall through the lower threshold

They aren't a holder. They have zero interest in Kistos

Whoever it is, looks like they are done

Where are you seeing a GS holding here?

Not sure, but I think we may have seen or being seeing the end of it today/tomorrow

Yep, they will have to assume worst case scenario in everything they plan. Possibly makes things more complex. AA needs to get another Norwegian - or anywhere asset quickly.

It makes the UK gas industry precarious in that anything that causes oil prices to rise, the windfall tax stays regardless of gas prices. Surely someone pointed this out? We effectively have Saudi et al running the UK gas industry now. They can shut it down if they want.

Announcement clearly states AND. Both have to be below price stated. Futile gesture.

There is the risk in black and white. This will propel gas producers to still seek out as AA said ..more fiscally stable jurisdictions.