Date: 2 months ago   Category: Energy

The expert urged to increase state support of the Russian oil companies — Rambler News Service


For preservation of leadership in the world oil market of Russia it is necessary to increase the state support of the oil companies, the CEO of the Center of political information Alexey Mukhin on air of the Facts program on Russia-24 said. "The USA and Saudi Arabia, using that they are quite strong players, the dominating players in the market, provide to the companies at most of preferences. And if we continue to smother taxes the oil industry, we will just lose this market … Here it is necessary to conduct much more aggressive policy, to support more the domestic companies" — Mukhin told. He added that the administration of U.S. President of Donald Trump for advance of interests of the country in the world oil market uses economic and fiscal tools, including direct subsidizing of the energy companies and also political influence. It gives powerful competitive advantages to the American suppliers of energy resources. "If our Russian authorities, the political authorities begin to work in the same way, then we will get these competitive advantages too. If we do not receive them, we will lose the markets, from it not to get to anywhere" — Mukhin noted. According to him, the fiscal policy of the Ministry of Finance in relation to them prevents to develop to the oil companies in Russia.

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