Rosneft may receive 60 billion rubles from budget next month

Rosneft has been very close to the receiving of 60 billion rubles from the budget. The company is seeking the return of overpaid customs duties on oil on its asset Verkhnechonskneftegaz through court and the Energy Ministry hasn’t managed to convince the Supreme Court to suspend the decisions of previous courts that took the side of Rosneft. Now the company, if it applies for the receipt of money, will be able to get them for a month. But the Ministry of Energy still has a chance to convince the Supreme Court to review the case.

The Supreme Court refused the Ministry of Energy to suspend the decisions of the appellate and cassation courts in the dispute with Rosneft of overpaid customs duties on oil from the Verkhnechonskoye field in the Irkutsk region. The Ministry of Energy filed the relevant complaint on February 10. Now the Ministry is obliged to implement the decision of the courts and to issue Rosneft a certificate of confirmation of "special physical and chemical characteristics" of oil from this field. In turn, this will give Rosneft the right to claim a refund of the customs duties in the amount of 60 billion rubles.