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Oil companies to pay more in the North Sea

The government, the Red-Green Alliance and the Danish People's Party have reached an agreement concerning taxation in the North Sea which will increase the state's revenues by USD 5.1 billion toward 2040.   

Photo: DONG

The government, the Red-Green Alliance and the Danish People's Party have reached an agreement concerning taxation in the North Sea which will increase the state's revenues by USD 5.1 billion toward 2040.   

The agreement means that a series of oil companies in the North Sea will have their low tax rate increased, so that going forward the companies will pay the same taxes as the three companies in the Danish Underground Consortium (DUC).

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