MET rates may be reduced since January 1, 2014, Minfin

In case of an acceptance of a new MET calculation formula and tariff freezing, the royalty rate on gas may go down insignificantly from January 1, 2014 against the rates, approved by the Tax Code, the director of Tax and Tariffs Policy Department of the Ministry of Finance, I.Trunin said.

“If they agree to a formula, the rates will decrease,” Trunin said answering the question if the tariff freezing in 2014 will influence the size of MET. The question is about the rates for Gazprom and other gas producers, first of all.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
12 Northfields Prospect; London, - SW18 1PE; United Kingdom
E 51° 27.454518" S 0° 14.101236"

Theme by Danetsoft and Danang Probo Sayekti inspired by Maksimer