Novak: the decision to freeze duty on oil should be a one-time

Novak: the decision to freeze duty on oil should be a one-time


Companies need to understand the medium-term, as they will live, but 2017 should continue tax reform, said Minister of energy Alexander Novak.

MOSCOW, 14 Jan. The Ministry of energy of the Russian Federation considers that the decision to preserve the rates of export duties on oil at 42% for 2016 should be single-use, 2017 tax reform must return to the original wording, announced by energy Minister Alexander Novak.

“In our view, should be preserved from the point of view of the earlier decisions that the company realized in the medium term, as they will live. Decision on saving for 2016 export duty at the level of 2015 — 42% — solution which the government adopted for one year. And company today, and we believe that this decision must be instantaneous. The tax maneuver, which was laid, which from 2017 must continue, must be exercised in accordance with previous decisions,” said Novak in an interview Vesti.ru.