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For Talakanskoye oil in Yakutia a special calculation formula has been established

Prime Minister Dmitry Medvedev signed a decree "On the application of a special formula for calculating the rate of export customs duty in relation to crude oil produced in the Eastern block of the Talakan field", according to the Government's materials.

The document prepared by the Ministry of Energy of the Russian Federation informs that in relation to the crude oil extracted from the Eastern block of the Talakan oil and gas condensate field in Yakutia, the use of a special formula for calculating the export customs duty rate indicating the total amount of crude oil produced that can be exported using this formula is approved for the entire period of its development.

The amount of oil that can be exported using this formula for the entire period of development of the Eastern block of the Talakanskoye oil and gas condensate field (determined taking into account the achievement of the internal rate of return indicator of the development project of this field of the level of 16,3%) is 2 748 000 t.

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