14:31 05.01.2015

Ukraine increases royalties for oil transportation to $0.56 per tonne, gas transportation to $0.21 per cubic meter

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Ukraine increases royalties for oil transportation to $0.56 per tonne, gas transportation to $0.21 per cubic meter

The Ukrainian parliament has increased royalties for the transportation of oil and fuel using trunk oil pipelines from UAH 4.50 to $0.56 per tonne.

The decision is stipulated in the law on amending the Tax Code of Ukraine and certain Ukrainian laws as part of tax reform, which was posted on the website of the state’s official publication Holos Ukrainy.

In the bill royalties for the transportation of gas per 100 kilometers is increased from UAH 1.67 to $0.21 per 1,000 cubic meters. Royalties for transit of ammonia per 100 kilometers grew from UAH 5.10 to $0.64 per tonne.

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