Shatalov: Profitability of oil extraction will be maintained if MET increases
Edited by Rhod Mackenzie / 2013-05-07 05:25:45
The Ministry of Finance considers the possible reduction of oil export duty by 5% and simultaneous increase of oil MET by the same amount in 2014. At the same time the Ministry believes that profitability of oil extraction and processing will be maintained, the Minister of Finance, Sergey Shatalov reported.