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Putin will hold meeting with heads of Russian oil companies

Путин проведет встречу с главами российских нефтяных компаний

The President of Russia Vladimir Putin on March 1 to meet with leaders of the largest oil companies in the country, according to “Vedomosti” with reference to own sources. The information that such a meeting really is scheduled, and confirmed the press Secretary of the head of state, Dmitry Peskov.

According to Federal officials, the specific agenda of the meeting no, we probably will discuss the situation on the world oil market, and also will rise the topic of taxation for the industry.

The interlocutor of the edition noted that some concrete decisions, most likely, will not be accepted, because the Ministry’s representatives, insisting on the change in the tax regime, the participation was not invited.

Also important topics of conversation will be the freezing of oil production in the case of the agreements with OPEC, told the newspaper an employee of one of the oil companies.

We will remind, about plans of the Ministry of Finance to change the formula for calculating the tax on mineral extraction to generate additional budget revenue due to the oil companies, it became known in January of this year. When the source of RBC in the government said that while “discussing ideas in good working order.”

The Finance Ministry has already voiced this idea last fall. Then, the office has initiated the idea to use the “devaluation” profits of the oil companies to close holes in the budget deficit and savings of the national welfare Fund.

Officials urged to do so, when calculating the severance tax taken into account is not current, and the conditional dollar exchange rate – 43.8 ruble, which in the future will be indexed for inflation according to the forecast. It is much lower than the real rate of forecast of the Ministry of Finance in the coming years (about 63-65 rubles per dollar) and even lower rate, which can be observed today.

We will remind that earlier the President of Russia Vladimir Putin promised not to impair tax treatment until 2018. Siluanov also announced that in the next three years the tax burden will not grow.

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