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Putin's instructions on saving the oil and gas industry announced

Putin's instructions on saving the oil and gas industry announced 

Russian President Vladimir Putin gave a series of instructions following the April 29 meeting on energy. These instructions, published on the Kremlin’s website, should revive the oil and gas industry of our country.

 Putin’s instructions


“To work out issues and, if necessary, make decisions regarding the inclusion of oilfield service enterprises with revenues in the list more than 1 billion rubles a year, ”- says in the document. It was entrusted to work out the issue until June 15.

Earlier, the Russian government approved a list of measures to support systemically important enterprises and the rules for their provision. Minister of Energy of the Russian Federation Alexander Novak said that his department has prepared proposals to support oilfield services companies in the face of reduced oil production. Novak noted that the drop in orders for oilfield services could be up to 30-40%, in some cases more.

“To work out the issues of setting special tariffs for the public joint-stock company Transneft and the open joint-stock company Russian Railways for the transportation of oil and oil products for the duration of the agreement on limiting oil production between states that are members of the Organization of Petroleum Exporting Countries (OPEC) and states that are not members of this organization, ”the document says.

In addition, during the execution of the transaction, OPEC + was instructed not apply sanctions for deviation of the level of oil production from the indicators established in the technological schemes of field development. As part of the assignment, it is also necessary to ensure the creation of conditions for the formation of a fund of unfinished oil wells. Prime Minister Mikhail Mishustin was appointed responsible for the execution of orders.

“To work out issues and, if necessary, make decisions regarding the payment of excise taxes on motor fuel when it is sold to end consumers at gas stations,” the list says.

There are also instructions from the president

“The Government of the Russian Federation to ensure the establishment of a deduction of the reverse excise tax on ethane and liquefied petroleum gas in the amount of. It is determined depending on the volume of investments in petrochemical facilities, “the document says.

The Ministry of Finance of the Russian Federation in mid-April proposed fixing the rate of reverse excise tax on LPG at 4.5 thousand rubles per ton. For ethane – 9 thousand rubles per ton. An excise tax deduction was proposed from January 1, 2022. To obtain a reverse excise tax on LPG, companies must fulfill one of the conditions.

In particular, it is possible to introduce new LPG processing facilities from January 1, 2022 with a design raw material capacity of at least 300 thousand tons per year or upgrade existing facilities. At the same time, the company will need to conclude an agreement with the Ministry of Energy on modernization of capacities by 2022, according to which it will be necessary to invest at least 65 billion rubles from 2021 to 2027, and in 2020 send more than 100 thousand tons of LPG for processing. : ///

Record Putin’s instructions to save the oil and gas industry were published first appeared TEKNOBLOG .

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