BUSINESS | 10:49 / 23.02.2023
9846
5 min read

Gas production declined in Uzbekistan despite tax incentives

After the tax rate on natural gas was reduced by 3 times and on oil and gas condensate by 2 times, in 2022, the users of the underground paid about 2 trillion soums or 12% less tax than a year ago. Nevertheless, gas production decreased by 4% and gas condensate production by 3%; oil production increased by 2%.

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