Failure to reduce gas royalty rates in 2017 impacts competitiveness of Ukrainian regime – GlobalData

05 April 2017, Sweetcrude, Lagos — Ukraine cheered some operators with 2017 tax legislation reducing the standard royalty rates for oil production from 45% to 29%. However, draft proposals to reduce royalty rates on new gas wells to 12% were not included in the final legislation. With natural gas making up nearly 90% of Ukraine’s […] More »