APPENDIX A List of Abbreviations OS - Outside scope D - Disregarded NA - Not applicable SR - Standard-rated (taxable) Z - Zero-rated (taxable) UK - On land in UK or in UK territorial waters SALE IMPORTS ACQUISITIONS (i)(v) At Wellhead Sale On (ii) Moving or before arrival Arrival into UK and General Immediate under EC into UK before removal removal duty suspension into tax warehouse into tax arrangements. (iii) warehouse All transactions A. CRUDE OIL AND PRODUCT a) Crude Oil OS Z SR D NA b) Product 1. Petroleum gases and other gaseous hydrocarbons: whether in a gaseous or liquid state OS Z SR D OS (e.g. methane, propane, butane, and LPG) (iv) 2. Natural gas in the gas system’; ‘natural wholesale trade between: a) UK counterparties SR SR D N/A b) UK and non UK counterparties OS (vi) OS(vi) D N/A N/A c) Non UK established counterparts OS OS D N/A N/A N/A 3. Natural gas sales for consumption a) At wellhead OS N/A N/A N/A b) On-shore UK N/A N/A SR N/A 4. Light oils and, heavy oils OS Z SR D OS/NA/SR Notes
APPENDIX A List of Abbreviations OS - Outside scope D - Disregarded NA - Not applicable SR - Standard-rated (taxable) Z - Zero-rated (taxable) UK - On land in UK or in UK territorial waters SALE IMPORTS ACQUISITIONS (i)(v) At Wellhead Sale On (ii) Moving or before arrival into UK Arrival into UK and before removal into tax warehouse (iii) General Immediate removal into tax warehouse under EC duty suspension arrangements. All transactions A. CRUDE OIL AND PRODUCT a) Crude Oil OS Z SR D NA b) Product 1. Petroleum gases and other gaseous hydrocarbons: whether in a gaseous or liquid state (e.g. methane, propane, butane, and LPG) (iv) OS Z SR D OS 2. Natural gas in the ‘natural gas system’; wholesale trade between: a) UK counterparties b) UK and non UK counterparties c) Non UK established counterparts SR OS (vi) OS SR OS(vi) OS D D D N/A N/A N/A N/A N/A N/A 3. Natural gas sales for consumption a) At wellhead b) On-shore UK OS N/A N/A N/A N/A SR N/A N/A 4. Light oils and, heavy oils OS Z SR D OS/NA/SR Notes
North-Sea-Memorandum-March-2015.final_.docx