Kiev has hopes to increase gas production in Ukraine one billion cubic meters in two years, since extraction is close to losing, said the Minister of energy and coal industry of Ukraine Volodymyr Demchyshyn.

"I saw the main participants in the market that produce about three billion cubic meters a year, and they declared, It's probably hard to call that guaranteed or promised, but has declared its readiness to increase gas production within 2 years of one billion cubic meters. This is quite a serious amount, which is necessary for Ukraine. There may be additional investors. At this point of time mining, I see according to reports, was close to losing, that's the reason to wait for the arrival of new investors, it would be unwise, "said Demchyshyn during an interview with" the Fifth channel ".

The Ministry of Finance of Ukraine submitted to the Verkhovna Rada a draft law on reducing the rates of rent for private gas producer in the country. The Ministry of Finance offers From 1 October 2015 to reduce annuity rates to 29% From 55% to 14% From 28%, respectively, For existing projects that work before the end of the current year.

For new investment projects, which will be launched after January 1, 2016, the rates proposed to be set at 20% and 10% respectively. With the introduction of an additional surcharge on the income tax.

As explained by the Deputy Minister of Finance of Ukraine Olena makeieva, Ukraine now imports half of all gas which is consumed. With the introduction of the new tax regime From 1 January 2016 Ukraine will get new investors, which will allow to increase gas production and reduce imports by 6-8 billion cubic meters over the next five years.

The purpose of innovation is to increase revenue for the state while ensuring energy security of the state, said Makeev.

sections: Politics