Cadogan Reports Annual Extractive Payments
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Cadogan Reports Annual Extractive Payments

Cadogan Petroleum (GB:CAD) has released an update.

Cadogan Energy Solutions plc has disclosed its annual payments to governments, specifically focusing on $2,505,000 paid in production taxes for its oil extraction activities in Ukraine. The report aligns with financial regulations and excludes taxes unrelated to extraction, like VAT and sales taxes. The energy company, operating in Western Ukraine, emphasizes its commitment to diversified investments and lower environmental impact solutions.

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