Monday, August 22, 2016

Two “Gazprom oil” and “Surgutneftegaz” project offered to deprive benefits – RBC

Energy Ministry has proposed to cancel benefits on export duties on oil for Novoportovskoye field “Gazprom oil” and Alin of “Surgutneftegaz”. About this newspaper “Kommersant” in which the disposal of the Ministry of the materials were.

According to the law, the preferential rate is valid until the level of the internal rate of return of the project has reached 16.3%, says the publication.

believe in the Ministry of Energy, Novoportovskoye field has reached this value from 1 April 2016, and Alin – from 1 July 2016. After the withdrawal of benefits will have to pay export duties, as the preferential rate since February of last year were virtually zero. The full rate of duty for September is $ 80 per ton.

As the “Kommersan”, despite the fact that the benefits of the project under review the profitability of 16.3% is a standard procedure, market participants thought that in the case of with Novoportovskoye deposit rate will remain for a few years.

The Office also proposed to adjust the volume of oil that companies can take, using the benefits. Energy Ministry proposes to establish for Alin field level 1.098 million tons, Novoportovskoye -. 356 thousand tons, and in the West Hosedayuskoe -. 1.606 million tonnes

According to the publication, the Economic Development Ministry does not agree with the calculations of the Ministry of Energy, as recently, using design parameters of oil production in the calculation of earnings, although the actual figures differ significantly from the plan. The Ministry of Energy shoals that monitor the validity of exemptions on a continuous basis. The Ministry of Economic Development told the newspaper that the submitted proposals, and the Ministry of Energy proposal has not yet been agreed.

August 19 it became known that the Ministry of Finance did not support the abolition of export duty on fuel for equipment used for work on the shelf. As the head of the Department of Tax and customs policy department Alexei Sazanov, exemption from fuel duty – “this is an opportunity to create another for duty-free export of oil circuits»,

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