Current KUB:CA Stock Info

New law guarantees government won’t forcibly take assets
On Dec. 30, 2017, Ukraine President Petro Poroshenko signed a new law reducing the natural gas royalty rate on all new wells drilled after Jan. 1, 2018 from 29% to 12%.

“The Agreement for the Encouragement and Protection of Investment” ties Ukraine and the OPEC Fund for International Development (OFID) together in an economic pact.

According to Law-Now, the Ukrainian Parliament adopted the law on Dec. 5, 2017 and sent it to the president. The agreement guarantees that the governmen...

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