Alexander Dyukov Reports Dialogue with the Ministry of Finance on Stimulating Drilling and the Fuel Damping Mechanism
Expansion of the Fourth Group of Fields under the Added Income Tax Also Under Discussion Oil companies are in dialogue with the Ministry of Finance regarding the expansion of the fourth group of fields developed under the Added Income Tax, as well as measures to stimulate drilling. Adjustments to the …
Unconventional Oil Has Been Switched to AIT From 2024
From January 1, 2024, production of viscous and extra-viscous oil in the Russian Federation will be transferred to the added income tax (AIT). The main producers of viscous oils and natural bitumen in Russia are LUKOIL, Tatneft and Rosneft (to a lesser extent). Interfax writes about this. Areas where at …