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China abolish tariffs on exploration in the oil and gas field equipment
Date: 06/01/2017 14:37
Information / Baghdad ..
Announced the Chinese Ministry of Finance, on Friday, the cancellation of customs duties on drilling equipment used in 20 fields of exploration for oil and gas fields in the west of the country a step will enhance oil production.
The ministry said that the decision to apply until 31 December 2020 This procedure applies to oil concessions and natural gas reserves in the four regions, including Xinjiang, Inner Mongolia, Tibet, Qinghai province.
She added that China also scrapped VAT on more than 100 types of equipment used in the joint development of oil fields tax. Finished / 25
http://almaalomah.info/2017/01/06/economic/119458
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