Oilers will become poor

To increase the tax rate on mining (MET) from early next year, I am sure Deputy Economic Development Minister of Russia Andrei Klepach. However, it is largely for oil. Raise the severance tax on natural gas already arrived. Since it has not changed since 2005. According to the plans of the Ministry, it is expected to grow by more than 60%. The next year the rate should rise to 294 rubles per thousand cubic meters. While today the companies pay 147 rubles. As for oil, there is more modest plans. Oil producers will have to "unfasten" in the budget by 11,6% more, 468 rubles per ton. According to the vice-premier, Russian Finance Minister Alexei Kudrin, the growth of the severance tax on oil and gas to the Russian budget will give 0.5% of GDP of additional revenue. As earlier told journalists the Minister of Economic Development (MED) Nabiullina, her agency agrees that mining companies should pay more taxes. But she worried about their size, it considers that the proposal of the Ministry of Finance too strong. Representative of the Mayor fear that companies will invest less in production, the development of new deposits. The desire of officials to raise taxes is understandable. The huge budget deficit requires either cut spending or increase revenues. The first is very difficult, especially before elections. Hence, the need to "shake" the oligarchs. Only the problem is that oil companies are very strong lobby. For example, one can recall the history of zero export duty for oil fields in Eastern Siberia. Oilers a very long time managed to block the decision to replace the zero duties on subsidized. More recently, the government nevertheless decided to replace the zero export duties on subsidized for fields in Eastern Siberia from July 1, 2010. Probably next year will be eliminated and preferential tariffs. Hardest hit is Rosneft, which must additionally pay about $ 260 million a year. The company develops Vankor oil and gas field - the largest of the deposits discovered and put into operation in Russia over the past twenty five years. It is located in the north of Eastern Siberia in Turukhansk district of Krasnoyarsk region. Recoverable reserves of oil reserves estimated at more than 3.8 billion barrels. (524 million tons). Oil produced from the field, is one of the main sources to fill the Eastern Siberia - Pacific Ocean, which has strategic importance for Russia. It is assumed that the oil through the pipeline will go, including to China. Top-management companies fear that if the benefits will be canceled, the project will become less interesting. Rosneft, the - still - one of the largest publicly traded oil companies oil and gas market by the size of proven oil reserves. As at 31 December 2009 they were 22.86 billion barrels of oil equivalent, including 18.06 billion barrels of oil and 816 billion cubic meters of gas. This is a public company. She enjoys the support of neither more nor less Igor Sechin, Deputy Prime Minister of the Russian Federation. Sechin - a man who is in shadow. At the same time, he enjoys no less influence than Kudrin. Therefore, the push will increase MET oh no matter how simple. In fact, the fight will be different groups of the same ruling elite.