📋 Tender Overview
The State Duma adopted in the second and third readings a regulation on the elimination of an additional component in the formula for the mineral extraction tax on gas for Gazprom in the amount of 50 billion rubles per month starting in 2025.
This norm is drawn up as an amendment by the Russian government to the second reading of the bill prepared as part of the formation of the parameters of the federal budget for 2025-2027.
Earlier, the Finance Ministry press service told TASS that the Russian budget for 2025 envisages the elimination of an additional component in the mineral extraction tax formula for gas by 550 billion rubles to finance Gazprom's investment program.
The appendix to the explanatory note to the draft federal budget indicated that the reduction in oil and gas revenues due to the planned change in legislation regarding the mineral extraction tax on gas in 2025 would amount to 550 billion rubles, and in 2026 – 50 billion rubles. In total, this amounts to 600 billion rubles, which corresponds to the annual collection of the increased mineral extraction tax for Gazprom in the period 2023-2025.
The mineral extraction tax for Gazprom was increased by 50 billion rubles monthly or 600 billion rubles annually, in the period from January 1, 2023 to December 31, 2025.
