(EnergyAsia, June 28 2010, Monday) — The Chinese government has imposed a 5% tax on oil and gas production in the largely Muslim northwestern region of Xinjiang in an effort to placate rising public anger over the vast profits being made by state-owned energy companies. After a trial, the 5% tax will likely be applied…
CHINA: Government imposes 5% tax on oil and gas production in Xinjiang
Posted on June 27, 2010 by EnergyAsia