Date: 6 months ago   Category: Energy

The Ministry of Energy has begun work on an initiative of Rosneft on stimulation of oil production in Siberia — Rambler News Service


Photo: Vladimir Smirnov/TASS of the Ministry of Energy has begun work on realization of an initiative of Rosneft on stimulation of oil production in Western and Eastern Siberia, the Deputy Minister of Energy of the Russian Federation Pavel Sorokin has told journalists on the sidelines of the Moscow financial forum. "The Ministry of Energy considers that it is necessary to work on an initiative of production stimulation, certainly, and now it is a high time... We work on an initiative now and with the Ministry of Finance we will study further" — he has told. Sorokin has added that the Ministry of Energy expects to come to such format of stimulation that it suited all interested parties, including the Ministry of Finance. At the same time he has explained that it is not about privileges, namely about production stimulation. According to him, stimulation of production in Western Siberia is the most relevant. "If you look on Western Siberia, then there more than 85% aren't assessed with any privileges" — Sorokin has told. "The problem of stimulation of production in Western Siberia is particularly acute. If to do nothing, in the current tax regime in the medium term we can see production falling acceleration" — I have emphasized with the deputy minister.

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