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                        FRIDAY, APRIL 26, 2024
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Ukrainian oil, gas industry faces shocks due to royalties increases
Journal Staff Report

KYIV, Nov 20 - The work of Ukrainian enterprises in the oil and gas industry could be destabilized due to the increase in royalties for subsoil use for oil production, experts from the European Business Association said.

"The revision of royalties, even at the end of the year, will destabilize the current work of business entities and restrain the coming of new investors. And do not forget that an increase in tax burden on domestic businesses might become a consequence of rising prices for relevant goods and services," coordinator of the association committees Ihor Hotsyk said.




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