The State Duma Committee recommended to approve the zeroing of the MET for gas production in Yamal
[ad_1]
The State Duma Budget Committee recommended that the first reading be approved of a bill introducing a zero tax rate on mineral extraction (MET) for the extraction of gas and gas condensate in subsoil plots located wholly or partially on the Yamal or Gydan peninsulas in the Yamalo-Nenets Autonomous Okrug (YaNAO) and used exclusively for the production of ammonia and hydrogen, transfers Interfax.
Corresponding bill The Russian government submitted it to the State Duma at the end of April. According to the document, the zero MET rate will be in effect until the cumulative production volume reaches 250 billion cubic meters. m of gas.
The bill also proposes to give a gas producer in the YaNAO the right to reduce the income tax rate by the share that is credited to the budget of a constituent entity of the Russian Federation (currently 17%). To do this, the company must be a resident of the Arctic zone, for which there is a zero rate of income tax credited to the federal budget.
The projects for the production of ammonia and hydrogen in Yamal and Gydan, launched in 2025, belong to NOVATEK. How figured out Kommersant, in April 2022, the head of NOVATEK, Leonid Mikhelson, asked the government to reset the MET for the Obsky GCC ammonia project in Yamal.
Read more about the prospects for zeroing the MET for NOVATEK’s projects in Yamal in the material. “Taxes evaporate from ammonia”.
[ad_2]
Source link
