The Ministry of Energy will ask to postpone the end of the inventory of oil fields to 2021

The Ministry of Energy will ask to postpone the end of the inventory of oil fields to 2021

The Ministry of Energy will ask to postpone the end of the inventory of oil fields to 2021

The Ministry of Energy will ask the government to postpone the deadline for the completion of the inventory of oil fields to 2021, deputy head of the department Pavel Sorokin told reporters on the sidelines of the Tyumen Oil and Gas Forum. “We will continue the inventory, we will ask for permission to complete it next year. now it is necessary to take into account new tax novelties when calculating deposits, “Sorokin explained.

He noted that the perimeter of the inventory will also be expanded. “Because if we previously excluded depleted deposits, tax and others, now all this will need to be counted again,” Sorokin said.

According to him, the relevance of the inventory is not lost, taking into account the proposals of the Ministry of Finance on amendments to tax legislation.

“It’s definitely not lost, because the measures are temporary, the budget will stabilize sooner or later, and we need to think about the future: about 2022, 2023, 2024. And so now, on the contrary, the relevance has increased,” he stressed.

The decision to take an inventory of Russia's oil fields was made in 2018 to analyze the effectiveness of tax incentives. The inventory did not include deposits developed under the PSA regime, which have a tax exemption, which are in the AIT system, which are of strategic importance for the industry, for example, Samotlorskoye.

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