Siluanov: the Ministry of Finance will work with the Ministry of energy taxation of the oil industry during the year

Siluanov: the Ministry of Finance will work with the Ministry of energy taxation of the oil industry during the year


MOSCOW, 6 February. The Ministry of Finance will work with the Ministry of energy taxation of the oil industry during the year. About this to journalists on the sidelines of the Congress of the party “United Russia” announced the Minister of Finance of the Russian Federation Anton Siluanov.

“Our goal in the current year to work with the Ministry of energy improving the issue of taxation of the oil industry. In what format will it be – now it’s too early to tell,” said the Minister.

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He explained that now there are so many tax regimes that concern the provision of benefits at the initial stage, benefits at the final stage, when the already depleted field. “All this provides a separate mechanism for providing benefits. Either to save or to do a single system of tax on additional income,” said Siluanov.

Taxation of the oil industry now in favor of business, not the budget, Siluanov said.

“At current oil prices the system of taxation of the oil industry in favor of oil companies and not in favor of the budget. When we met, there is a deduction of $15 per barrel, which was formed as a cost in the extraction of a barrel of oil. It was formed in conditions of high oil prices”, – said the Minister.

According to Siluanov, now significantly lower costs – in half, to $7.5 per barrel. “Because the ruble price has not changed, and the dollar declined. So, logically, now need from the severance tax this deduction correct. According to our estimates, about two times”, – he added.