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The National (Scotland)
The National (Scotland)
National
Ninian Wilson

£20 billion cost of closing North Sea oil and gas fields revealed

MORE than 2000 oil and gas wells are expected to be decommissioned in the North Sea over the next decade at a cost of about £20 billion, according to the industry.

A number of decommissioning projects have been brought forward, meaning the cost has increased from an estimated £16.6bn last year.

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