E&Y has published the global oil and gas tax guide for 2016. The guide contains summaries of O&G tax regimes of 86 countries.
Alexey Kondrashov, Global Oil & Gas Tax Leader: "The lower for longer oil price outlook, continued volatility and a greater focus on global transparency, has meant governments of oil and gas producing countries have had to reassess their tax structures and revise them accordingly to stay competitive."
Roman Opimakh, executive director of the Association of Gas Producers of Ukraine: "E&Y traditionally publishes an interesting annual report on global taxation, which is one of the most capatious analytical works in Oil and Gas. High quality material for experts, available for free. It is a great way of comparing different current practices and tendencies in the world. The guide contains information about Ukraine, as well as other countries of the region. It is easy to verify that domestic gas producers are not speculating on numbers when talking about high profit taxes and lack of investments."