Lecture 3

Theme 6. The State regulation of Russian Fuel and Energy sector

  • Main methods of state management of Fuel and Energy branch in Russia
  • Functions of the Russian Ministry of Energy
  • Functions of the Russian Ministry of Nature Resources and Ecology
  • Description of main special regimes of taxation, applied in Russian Fuel and Energy Complex (FEC)

This lecture contains the following tables and diagrams:

Slides 34-35. Underlying taxes and charges in the oil and gas sector of the Russian Federation
Slide 36. Minimal and maximal rates of regular mineral resource use payments (RUB per 1 sq. km of a mineral resource block)
Slide 37. Produced oil sharing mechanism in three kinds of production sharing agreements

This lecture contains the following info:

A special tax regime – Production sharing agreement – is discussed in detail