Home News Oil companies from Khanty-Mansi Autonomous Okrug will receive new tax incentives

Oil companies from Khanty-Mansi Autonomous Okrug will receive new tax incentives

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Benefits for oilmen will allow developing hard-to-recover reserves
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The State Duma Committee on the budget recommended the adoption in the second reading of a bill stimulating the development of hard-to-recover hydrocarbon reserves. This is stated in the official telegram channel of the Governor of the Khanty-Mansi Autonomous Okrug Natalya Komarova.

“The decision was made in order to ensure production at existing depleted fields, which are unprofitable under the general taxation system. It also makes it possible to start developing deposits that would not be developed under the current taxation system,” the governor said in a statement.

The law provides oil companies with tax breaks when developing areas with hard-to-recover hydrocarbon reserves. Most of these facilities are located in Khanty-Mansi Autonomous Okrug. The district government and State Duma deputies from KhMAO initiated the bill in 2021.

Earlier, URA.RU reported that Natalya Komarova spoke about the benefits of new benefits for oil workers. She believes that this measure will increase the amount of taxes received by the state treasury.

The State Duma Committee on the budget recommended the adoption in the second reading of a bill stimulating the development of hard-to-recover hydrocarbon reserves. This is stated in the official telegram channel of the Governor of the Khanty-Mansi Autonomous Okrug Natalya Komarova. “The decision was made in order to ensure production at existing depleted fields, which are unprofitable under the general taxation system. It also makes it possible to start developing deposits that would not be developed under the current taxation system,” the governor said in a statement. The law provides oil companies with tax breaks when developing areas with hard-to-recover hydrocarbon reserves. Most of these facilities are located in Khanty-Mansi Autonomous Okrug. The district government and State Duma deputies from KhMAO initiated the bill in 2021. Earlier, URA.RU reported that Natalya Komarova spoke about the benefits of new benefits for oil workers. She believes that this measure will increase the amount of taxes received by the state treasury.

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