The tax regime for new fields is discussed at the Presidential Commission on Fuel and Energy Sector – Kudryashov.

The Presidential Commission on Fuel and Energy Sector have discussed the tax changes to encourage investment into new fields. This was announced after a meeting of the head of "Zarubezhneft", the head of the working group of the Presidential Commission, Sergey Kudryashov.

"We discussed possible proposals for a change in the tax system that would make the flow of investments into these two segments (new and almost exhausted oil fields)", - he stated. According to him, "we need more than a universal system". "And, actually, everybody agrees, that the mechanism of 20 point benefits that exists is necessary to be changed to a universal system," – Kudryashov added.

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