The media learned about new tax benefits for the three oil companies in Russia


Three oil companies — “Rosneft”, “Gazprom Neft” and “Surgutneftegaz” — can get new tax credits for four large fields in Eastern Siberia and the Yamal Peninsula. About this newspaper “Vedomosti” referring to two Federal officials.

Interlocutors of the edition told that the Ministry of energy has approved bids for four fields: srednebotuobinskoe Rosneft, Vostochno-Messoyakhskoye and Kuyumbinsky (both its joint venture with “Gazprom oil”) and Yuzhno-Talakanskoye field of Surgutneftegaz. Thus in the Ministry of economic development, said the sources, so far approved only three applications.

Previously, the newspaper, the incentives for extraction of 86.6 million tonnes has already received nine oil fields — “Gazprom Neft”, “Surgutneftegaz”, Irkutsk NC, LUKOIL, “Dulisma”, “Rusvietpetro”. Exemptions on export duties, companies may apply from 2013 for the development of new fields in Eastern Siberia, Yamal, Yakutia and other regions.

The analyst “Veles the capital” Vasily Tanurkov, which results in the publication, at a price of $40-100 per barrel. and an export duty of 30%, which applies from next year, at the peak of production four fields the company would pay us $1.3–4 billion of export duties.

1 March in the Kremlin the meeting of the heads of eight major oil and gas companies in Russia with President Vladimir Putin. As already mentioned , the businessmen were asked to maintain a stable existing tax system for the industry, and also agreed with the idea of freezing the oil at the level of January 2016 to comply with agreements with the countries of OPEC in order to maintain a higher level of oil prices.

Earlier media have repeatedly reported about the initiatives of the Ministry of Finance to increase the tax burden on the oil industry to increase revenues. As told by the interlocutors Reuters, the Agency has prepared a reform plan for the tax administration of the oil industry, which involves the imposition of added tax income (JPM) in addition to the already existing tax on mineral extraction (met) and export duty.