OREANDA-NEWS. November 11, 2013. The Government of Ukraine is to consider an order of selection and approving of new investment projects which envisage increase in extraction of oil, natural gas, methane of coal deposits, shale gas etc. and also an order of maintaining control over implementation of such investment projects and determining additional volumes of the mentioned raw materials. Prime Minister of Ukraine Mykola Azarov announced at the beginning of the session of the Cabinet of Ministers.

“It will afford to apply tax incentives for drawing investments into escalating of extraction of strategic raw materials from exhausted and difficult for extraction areas,” Mykola Azarov stressed.

According to him, these decisions will be approved in the context of the work in increasing of hydrocarbon extraction Ukraine carries out.