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Unions hit out at oil and gas privateers
OFFSHORE workers accused the privateers exploiting Britain’s multibillion-pound oil and gas wealth of further greed yesterday after they demanded more state support in return for keeping the pumps running.
Industry body Oil & Gas UK (OGUK) sparked a bidding war between Labour and the Tories following a stark statement of intent.
It threatened that massive falls in wholesale prices will mean little new investment and a “collapse” in exploration.
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