Gazprom Neft Will Continue to Advocate for Tax Incentives for the Development of Hard-to-Recover Reserves
By the year 2030, more than half of new oil production in the Russian Federation will come from hard-to-recover reserves, which require adjustments to the tax regime to encourage their development. This was stated by Alexander Dyukov, Chief Executive Officer of Gazprom Neft. In mid-April, the Government of the Russian …
Gazprom Neft: More Than Half of New Oil Production in the Russian Federation Will Come from Hard-to-Recover Reserves
By the year 2030, more than half of crude oil production in the Russian Federation will come from hard-to-recover reserves, which means that large-scale development of these resources will require adjustments to the tax regime and state support for technological innovation, according to Alexander Dyukov, Chief Executive Officer of Gazprom …