Royalty tax hike in Trinidad and Tobago to most affect BPTT

The Trinidad and Tobago government has announced an across-the-board
12.5% royalty tax on the production of crude oil, condensate, and
natural gas in a move that is expected to affect mainly BP Trinidad
& Tobago LLC (BPTT).

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Source:: Oil Gas Journal

      

Royalty tax hike in Trinidad and Tobago to most affect BPTT

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