Scottish oil production forecasts rise by nearly 50%

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Business for Scotland
Scottish oil production forecasts rise by nearly 50%

Revised production forecasts, published today by the Oil and Gas Authority (OGA), predict that 11.9 billion barrels of oil will be extracted by 2050 – an increase of 48.75% from the estimated 8 billion barrels predicted four years ago. These new figures from the OGA (part of the UK Government which has a political interest […]

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Business for Scotland
Scottish oil production forecasts rise by nearly 50%