TheUK oil and gas industry will find out on Wednesday if Chancellor George Osbornehas listened to its concerns or followed through with controversial tax plansthat are set to load more costs on the sector.
Osborne, who will deliver his annual budget speech at 1230 GMT,pledged late last year to "end the abuse of … offshore oil and gas contracting"by stopping what government perceives as a tax avoidance measure related to thebareboat charter of rigs.
Thegovernment
