Insight
Ukraine slashes gas royalty
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The gas royalty rate for new onshore wells in Ukraine has decreased to record low 12%. This bold move is well-timed because several other countries in the region have reviewed their fiscal policies too. As competition for foreign investment increases, Ukraine sends a clear signal that it wants to improve the attractiveness of its fiscal terms. Ukraine's ultimate goal is to become a self-sufficient gas producer by 2020. Lower royalty should help incumbent companies increase gas production. However, the country may also need to cut red tape and improve its risk profile to attract more international investors.
Table of contents
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Executive Summary
- Evolution of royalty rates
- Lower royalty will help existing producers but willit attract new investors?
Tables and charts
This report includes the following images and tables:
- Liquids royalty rates
- Gas royalty rates
- Summary of royalty rate changes
- Selected onshore gas regimes
- Selected offshore gas regimes
What's included
This report contains:
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