SUBSOIL WEALTH IS THE STRENGTH OF THE COUNTRY


UA EN
EN
Main pageNews archive

News archive - Page 6

July 29, 2014
Private gas producers "threatened" authorities reduction extraction of raw materials

 

The high rate of subsoil use in the future may lead to a reduction in revenue, according to private market operators 
 
Increasing tax rates will lead to unprofitable subsoil exploration and deep gas production, according to market participants private gas production. This was referred to in a letter to the companies, "Geo-Alliance", "Burisma", "Kub-Gas", "Tisagaz", "Naftogazvydobuvannya", "Smart Energy" Poltava Petroleum Company and the Prime Minister Arseniy Yatsenyuk, head of the Parliamentary Committee on energy Nikolai Martynenko and led the Parliamentary Committee on taxation and Customs Policy Vitaly Homutynnik the draft Law of Ukraine №4309a providing growth rates of subsoil use for private companies to 70%.