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Lower SPT Trigger Threshold for Shallow Water Producers

Ministry of Energy and Energy Industries

Tax relief that raises the oil-price threshold at which Supplemental Petroleum Tax applies to eligible small onshore and shallow-marine producers.

Eligibility

  • Small onshore oil producers
  • Shallow-marine area oil producers

Official sources

Opportunity details can change. Always confirm eligibility, deadlines, and application requirements with the official provider before applying.