Trifle, but nice

As said yesterday, deputy head of customs payments to the Finance Ministry, Alexander Sakovich, "if the remaining three trading days the price will stay around 40-45 dollars per barrel, the duty on oil will decrease to 100-103 dollars per ton. "This is almost five times less than in August, when the export tax, calculated including the basis of record oil prices of July $ 147 per barrel was U.S. $ 495.5 Oil companies actually run at the end of last , their contractual obligations to supply overseas with a loss, reduction of welcome. However, they informally complain that the strong volatility of the price of "black gold", shown on world markets, the procedure for calculating the export tax, already altered at the end of last year, should be correct in the direction of further reducing the period of monitoring. In January, the export duty is 119.1 dollars per ton. It was based on the monthly average price of Russian Urals in December. The new order of computing the size of the export duty was assigned to the amendments to the Law on Customs Tariff, approved by the State Duma in three readings at the end of November last year. If the term earlier calculation of export duties amounted to two months, but now he is reduced to one month. By these measures the Government had to resort to support the oil sector. For the first time the oil applied to the Government with a request to change the order of the calculation of export duties in September, when the price of oil fell sharply to $ 100 and the tax burden on companies became unbearable. A further rapid drop in prices only increased the talk of the need to reduce the period of monitoring. In October, when the extent of reducing the cost of the "black gold "has not been clear, the government took measures only point: Prime Minister Vladimir Putin ordered to shorten the period for calculating the export duty to 17 days. Experts estimate that this measure has saved oil companies 4.5 billion dollars in November, the export duty was "manually" set by the government at around U.S. $ 287.3, calculated from the monthly monitoring of the average price of oil. Yesterday the Ministry of Finance calculations in the oil companies embraced with cautious optimism. "It is difficult to predict until the effect of such an export duty, but the smaller, the better "- said in LUKOIL. In Rosneft also noted that" the welcome reduction in fees. "Nevertheless, oil companies continue to argue that the computation time would have to be even smaller, because the market is very volatile, so the fiscal burden continues remain high. In this case, the Government plans to reduce exports of Russian oil by 320 thousand barrels per day "due to the natural decline in demand." Recall that in the past year abroad, dispatched 203 million tonnes of Russian oil. According to all forecasts, the first quarter of this year for oil companies is going to be difficult: even more increase the production decline and a decrease in exports due to lower demand. However, some companies such as Lukoil and Gazprom Neft, has already had to revise downwards in its investment. Therefore, it is the way it may be Another tax innovation: enhancing the base severance tax from 9 to 15 dollars per barrel. However, while the effect of such a measure in the oil companies do not undertake to predict. From December 26 to January 6, futures for Brent crude oil surged almost 32% to 50.53 dollars per barrel, a barrel of WTI price increased by 28% to U.S. $ 48.6 Russian Urals during this period increased by 50% to 47.9 dollars per barrel. However, in the next three days, began decline in value: Brent fell by 12%, to 44.42 dollars per barrel, WTI - 16%, to 40.83 dollars, and the Urals - by 14%, to 41.43 dollars yesterday, WTI sold for 38 , $ 12 per barrel, Brent - to 41.49 dollars, and the Urals - to 39.99 dollars per barrel. However, according to a report published yesterday, Goldman Sachs Group Inc, which is quoted by Interfax, oil prices could fall in price to $ 30 per barrel in the current quarter, because the market will be dominated by the "weak underlying economic factors, and high inventories of raw materials.