There are no plans yet to increase the mineral extraction tax to compensate for the fuel damper – Kommersant

The government does not yet plan to increase the mineral extraction tax (MET) for oil workers in order to compensate for the budget costs of increasing damper payments, Deputy Prime Minister Alexander Novak told reporters on the sidelines of Russian Energy Week.

“Everything will be taken into account in budget adjustments. Without increasing the tax burden,” said Alexander Novak (quoted by Interfax). The Deputy Prime Minister also recalled that the budget will soon be considered in the second reading. “Let’s see. It’s better to ask these questions to the Ministry of Finance,” he added.

Earlier, Deputy Minister of Finance Alexei Sazanov said that any changes in the fuel damper should be neutral for the budget. “Any increase in the damper means lost income, that is, they must be compensated somehow,” he said. At the beginning of October, it became known that the government decided to amend the Tax Code and restore the fuel damper from October 1. Since September, the damper has been lowered from 1 to 0.5.

Speaking to reporters, Mr. Novak also said that military actions in the Middle East could affect the global energy market. In this regard, he noted, representatives of the Russian Federation and Saudi Arabia will today discuss the situation on the global oil market. “Of course, we are discussing these issues. Any such events in the world, one way or another, can influence the situation with the consumption of energy resources in one direction or another,” said Mr. Novak (quoted by TASS).

Russian Energy Week takes place in Moscow from October 11 to 13.

Read more about the fuel crisis in the material “The government has adjusted diesel”.

Anastasia Larina