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Environmental protection fee for exploiting minerals

Environmental protection fee for exploiting minerals - 

The Government has issued a Decree on environmental protection fee for exploiting menirals.

Accordingly, the fee level of environmental protection for crude oil is VND 100,000 per ton, natural and coal gas - VND 50 per cubic meter , and associated gas (gas collected during crude oil exploitation) - VND 35 per cubic meter .

The Decree also specifies in detail the price range of environmental protection fees for exploiting the metal mineral ores from VND10,000 to 270,000 per ton, non-metallic minerals from VND 1,000 to 90,000 per cubic meter or ton.

The environmental protection fees for exploiting taked all minerals accounted by 60 percent of fee level of the respective minerals.

Decree clearly specifies, it is no need to pay fees until the end of 2017, for gravelly soil volumes eliminated during coal exploitation.

Environmental protection fees for mineral exploitation, excluding crude oil, natural gas and coal gas arecollected by 100% for the local budget to support the environmental protection and investment in the locations where the mineral exploiting activities carried out in accordance with the environmental protection and state budget Laws.

Environmental protection fees for crude oil, natural gas and coal gas are collected by 100% for central budget to support the environmental protection and investment in accordance with the environmental protection and state budget Laws.

VietnamEnergy.vn

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