BAKU, Azerbaijan, Nov.9
Trend:
Uzbekistan may start buying gas from abroad in the coming autumn-winter season, depending on weather conditions and a number of other factors, Trend reports citing Uzbek media.
According to the ministry of energy in Uzbekistan, in case of an abnormal cold snap and lack of own resources, it is possible that gas will be purchased abroad in order to provide the population and socially important facilities of the country.
"The final decision will be made by the government," the ministry noted.
On October 6, 2021, the President of Uzbekistan Shavkat Mirziyoyev signed a decree "On measures to further stimulate exploration and improve the taxation procedure for subsoil users."
According to the document, the excise tax rate for the sale of natural gas for export has been zeroed since October 1, 2021 (earlier it amounted to 20 percent). From the same date, when importing natural gas into Uzbekistan, legal entities are exempt from customs duties (five percent).