Russian Energy Sector Tax Converging at $ 300 billion.

The government decided on the volume of oil and gas "surplus".

As "the Kommersant" informs, the RF Ministry of Finance has prepared amendments to the legislation that allow further withdrawal of about 300 billion roubles from the oil and gas sector into the budget for today's meeting of the Commission on Budget Projections. 197 billion roubles will come from postponing the reduction of export duties on oil for a year, another 100 billion roubles the RF Ministry of Finance plans to get by raising the severance tax for "Gazprom". Under the amendments, additional exemptions apply only to the following year, then the return to the current principles of taxation is planned. But according to sources of "the Kommersant", the withdrawal decision for 2016 is almost agreed.

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