The Verkhovna Rada has a draft law to impose rent on gas production with the price of its realization.
Thus, they want to create a source for subsidizing citizens and companies who suffer the most in case of significant price increases.
The author of the invest.com/investing-in-ukraine/business-opportunities/" rel="dofollow">idea explains that the increase in gas prices does not affect the production cost. As a result, there is an excess margin for which mining companies did not expect.
The tax base will be chosen at the highest price among three values:
- The average customs value of imported gas, the value of gas at European hubs or Ukrainian exchanges;
- The rent is suggested to remain unchanged if the gas price is up to $200 per thousand m³. Then the rate will increase by 10% for every $200 of price.
Thus, for old wells with depths of up to 5.000 meters, the rate will be from 29% for prices of $200 to 69% for $800 per thousand m³.
If the wells are deeper, the rental rate will change from 14% for the price of $200 to 54% for the price of $200 per thousand m³.
For new wells with a depth of up to 5.000 meters rent price will be the same as for old ones.
As for those whose depth exceeds 500 meters, the rate will increase from 6% to 46%.
