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2014 budget foresees 19 million tons of oil coming through pipelines
Journal Staff Report

KIEV, Dec. 20 – Ukraine plans to pump 19.079 million tons of oil in 2014 using its trunk pipelines, according to a revised draft law on the national budget for 2014.

According to the document, fuel transportation by pipelines in 2014 will total 1.52 million tons.

With the royalties of UAH 4.5 for the transportation of one ton of oil foreseen in the Tax Code (taking into account the adjusting coefficient 1.1761 to the oil transportation rate via the Ukrainian section of the Druzhba pipeline) and one ton of fuel, revenues of the national budget from the royalties next year will total UAH 104.6 million.




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