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Telegraph: British Kistos Has Turned Down Investment in Gas Storage Due to Taxes

Summary by vz.ru
The CEO of the British Power Company, Kistos, Peter Mann, announced that he had refused to invest in new gas storage facilities in the country because of high taxes. The British Power Company, Kistos, will redirect capital to countries with more favourable tax regimes, such as Oman, transmits RIA News with reference to The Telegraph. "The owner of one of the UK's largest gas storage facilities refuses to invest in the Middle East because of the …

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The CEO of the British Power Company, Kistos, Peter Mann, announced that he had refused to invest in new gas storage facilities in the country because of high taxes. The British Power Company, Kistos, will redirect capital to countries with more favourable tax regimes, such as Oman, transmits RIA News with reference to The Telegraph. "The owner of one of the UK's largest gas storage facilities refuses to invest in the Middle East because of the …

The British energy company Kistos intends to redirect future investments from Britain to the Middle East due to high taxes and unstable energy policies, as announced by the CEO of Peter Mann in an interview with The Telegraph.

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vz.ru broke the news on Sunday, November 1, 2026.
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