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Medvedev approved a special formula for calculating the duty on oil from Alinskoe field
Prime Minister Dmitry Medvedev signed a decree on the use of a special formula for calculating the export customs duty rate for crude oil produced at the Alin gas and oil field, the Government of the Russian Federation said.
In accordance with the document developed by the Ministry of Energy of the Russian Federation, in respect of the crude oil produced at the Alin gas and oil field in the Sakha Republic (Yakutia), a special formula for calculating the export customs duty rate indicating the total amount of oil produced at the field, which can be exported using this oil, is approved. formulas for the entire period of its development.
The amount of oil that can be exported using this formula for the entire development period of the Alin gas and oil field is 5 621 000 tons. It is determined taking into account the achievement of the indicator of the internal rate of return of a project to develop the Alin gas and oil field of 16,3%.