The Ukrainian Cabinet of Ministers has instructed the State Entrepreneurship Agency to draft the decision on natural gas price reduction.
The Ukrainian state service for entrepreneurship development together with other interested executive agencies will work on the amendments to the Tax Code.
It is planned to exempt the natural gas import transactions from value added tax (VAT), which will allow reducing gas price for the consumers.
At the session of the Russian-Ukrainian intergovernmental commission under chairmanship of Russian and Ukrainian Presidents Vladimir Putin and Viktor Yanukovich on December 17, 2013 it was decided to reduce Russian gas price for the Ukraine by one third to $268.5 per 1000 cub.m. In the beginning of every quarter Naftogas and Gasprom will sign the additional agreement defining gas price, otherwise the discount will cease being effective.—0—
Economics
-
Kazakh Energy Minister Almasadam Satkaliyev said on Monday that Kazakhstan and Azerbaijan continue to discuss prospects for transporting Kazakh oil through the Baku-Supsa oil pipeline, which has been idle since spring 2022, Kazakh media reported.
-
The supply of Azerbaijani gas to North Macedonia will transition to a regular basis in the mid-term, an informed source told Turan.
-
In Azerbaijan, the minimum consumption basket may be reassessed next year. This was discussed during a joint meeting of parliamentary committees. The last changes to the consumption basket were made a decade ago. However, during this period, inflation has risen, and the cost of the minimum living standard has also increased. Moreover, some experts believe that the current minimum consumption basket in Azerbaijan requires significant updates, with the inclusion of additional goods and services.
-
Azerbaijan's draft state budget for 2025 prioritizes strategic objectives outlined by President Ilham Aliyev, including economic growth, social development, and reconstruction of liberated territories, according to senior officials speaking at a parliamentary session on Monday.
Leave a review