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onsdag, december 6, 2023

Turkmenistan grants oil and fuel corporations rights for uncooked materials processing



ASHGABAT, Turkmenistan, December 1. Firms
that have been beforehand allowed solely to extract oil and fuel in
Turkmenistan underneath the phrases of licenses, will now have the ability to
course of uncooked supplies into petrochemical and fuel chemical merchandise,
together with LNG, Development stories.

The choice comes from amendments and additions made to the regulation
of Turkmenistan ’On Hydrocarbon Assets’.

On the similar time, corporations will probably be exempt from paying taxes for
the sale of petrochemical and fuel chemical merchandise. They are going to want
to pay solely these taxes which might be supplied for in article 48 of the
regulation of Turkmenistan ’On Hydrocarbon Assets’.

Lately, Turkmenistan’s oil and fuel sector has continued
to develop actively, taking strategic steps to strengthen its
place within the world power market.

Authorities help and progressive approaches contribute to
enhancing infrastructure and growing the effectivity of
extraction, processing and transportation of power assets.

Keep updated with extra information at Development Information
Company’s
WhatsApp channel

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