Rosneft to pay around 800 bln roubles less taxes in 2015

​In 2015 Rosneft might pay by almost 27% less of taxes than in 2014 – 800 bln roubles.

By the company’s forecast, at the average oil price of $51/barrel and the rate of $1/63 roubles, in 2015 it will pay about 2.2 trln roubles to the budget.

If the forecast is correct, the payment of Rosneft will fall by 27% or 806 bln roubles against 2014. In 2014 the company paid 3.006 trln roubles or almost 55% of its revenue in the form of export duties, excise duties and other taxes.

Analysts of investment banks confirm the forecast of Rosneft. Chief analyst of UBS, M. Moshkov, counted that the company will pay 2.15 trln roubles. According to Uralsib Capital’s A. Kokin -2.28 trln roubles, renaissance Capital – 2.6 trln roubles at the oil price of $60/barrel and $1/55 roubles. In case of the oil price fall to $50/barrel, the company’s income might fall to 2.2 trln roubles, analyst I. Davletshin says.