The energy Ministry does not agree with the opposition of the interests of oil companies and the state

© RIA Novosti / Vladimir Pescaprae in fotomonster Minister of energy of Russia Pavel Sorokin. Archival photoThe energy Ministry does not agree with the opposition of the interests of oil companies and the state© RIA Novosti / Vladimir Pescaprae the image Bank

The Ministry of energy does not agree with the contrasting interests of oil companies and the state, the Ministry expects oil companies in exchange for the incentives obligations on investment, said Deputy Minister of energy Pavel Sorokin at the Moscow financial forum.

The Director of the Department of tax and customs policy of the Ministry of Finance of the RF Alexey Sazanov at the forum said that additional preferences to oil companies from the budget in the current situation it is impossible to justify before the citizens, the Finance Ministry against the revision of the damping allowances in the framework of the tax maneuver.

«I would not like people to oppose the interests of the state from the point of view of conservation of the Treasury and the industry interests (oil — ed.) from the point of view of increase of investment. Links in a chain. Investments in production, such as pipes or pumps, employment, taxes, pension contributions. It is necessary to watch the complex», — said Sorokin.

«We cannot ensure the stability of the budget or the stability of investments one without the other, all together. Need a guarantee for 10-15 years that conditions will be stable, at least not to worsen, and guarantees from the same oil companies that they will invest… when We are going to offer incentives or to discuss them, we will expect that the oilers will take on commitments on investment, localization of investment in Russian enterprises», — said Sorokin also.

In Russia on 1 January 2019 start end oil tax maneuver, in which gradually, by 2024, will be reset to zero export duty with a simultaneous increase in the tax on mineral extraction (met). As a result, Russian oil refineries would buy the oil, in fact, at world prices.

To curb domestic fuel prices, in particular, a damping mechanism. So, if you exceed the wholesale price of gasoline the target level of 56 thousand rubles per ton, the difference between the netback, i.e. external cost, are translated into rubles, and this target price will be offset by refinery from the budget.

RIA Novosti media group «Russia today» is the General information Agency of the third Moscow financial forum.

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