If no replacement of MET by excess-profit tax or tax on financial results, Russia will face an oil production decrease in 5-7 years, A.Novak
Edited by Rhod Mackenzie / 2015-02-17 07:10:28
If not to switch to excess-profit tax or tax on financial result in the coming 5-7 years and keep similar approach to efficient and inefficient projects, oil production in Russia will go down by 5-10% after 2020. Minister of Energy of Russia A.Novak asserted in an interview to “Interfax”.