Production of Viscous and Super-Viscous Oil and a Number of Fields of Rosneft and Bashneft are Switching to AIT
From January 1, 2024, production of viscous and extra-viscous oil will be subject to added income taxation (AIT).
That is, areas in which at least 70% of the oil produced per year has a viscosity from 200 to 10 thousand mPa*s, as well as from 10 thousand mPa*s and more (in reservoir conditions), are included in the 3rd group of AIT .
The main subsoil users of viscous oils in Russia are LUKOIL, Tatneft, and partly Rosneft.
The third group of AIT is also expanding due to three subsoil areas located in the Khanty-Mansi Autonomous Okrug: the Petelinskoye and Fainskoye oil fields (Rosneft), as well as the Kirsko-Kottynskoye oil field (Bashneft). As a result, the number of plots of the third group (brownfields) of the AIT will expand from 69 to 72.
