h Russian oil industry wants flexible taxes, expansion of excess profit tax to tap new reserves - Gazprom Neft CEO
Updated on April 3, 2025, 01:11PM (AST)

02.04.2025, 12:09

Russian oil industry wants flexible taxes, expansion of excess profit tax to tap new reserves - Gazprom Neft CEO


MOSCOW. April 2 (Interfax) - Russia's oil industry wants to see greater flexibility in the tax system and the expansion of the excess profit tax (EPT), as this would stimulate the development of new technologies and tapping of new reserves, the CEO of oil company Gazprom Neft (MOEX: SIBN), Alexander Dyukov said after a government strategic session on the development of the oil and coal industries.


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