... the company. Where Does Irkutsk Oil Company (INK) Invest? Sector: Oil and Gas Industry Investments for 2023: 175.3 billion rubles Investments for 2022: 127.8 billion rubles Key Investment Directions: Development of Fields: INK is actively developing oil and gas fields in Eastern Siberia, increasing production and expanding its resource base. Construction of a Gas Processing Complex: The company is investing in the creation of a gas processing complex, which will allow for the efficient use of associated petroleum gas and the production of high-value-added ...

... said Tereshkin. The expert reminded that the Ministry of Finance and the Ministry of Energy had planned to reduce excise taxes as part of a tax maneuver, when the increase in the Mineral Extraction Tax (MET) and the elimination of export duties on oil and petroleum products were supposed to be complemented by a reduction in excise taxes on gasoline and diesel. "However, fuel excises, on the contrary, increased, which became one of the reasons for the rally in the fuel market," he noted. Commenting on ...

... supplies gas to Turkey and Southern European countries, while Gazprom is investing in increasing capacity and expanding connections to regional gas transportation networks. Baltic Pipeline System 2 (BPS-2): This project is aimed at transporting oil and oil products to northwestern export markets via the Baltic Sea. Investments are focused on upgrading pumping stations and building oil storage tanks. 3. LNG processing and production Gazprom is actively developing the production of liquefied natural gas (LNG) ...

... volumes. Despite the established rise in exchange prices, gasoline exports were allowed for another month in June — until July. Thus, the current fuel market regulation model relies on three parameters, according to Sergey Tereshkin, CEO of the oil products and raw materials marketplace Open Oil Market. These include the damping mechanism, which sets limits on exchange price growth for diesel fuel and AI-92 gasoline; actual price growth rates for gasoline and diesel, which must not exceed general ...

... MARKET has been operating for about three years. It features over 100 suppliers, including Tatneft, and several credit offerings (including from Sberbank). Here, users can find the right product, arrange delivery, and apply for credit. According to OPEN OIL MARKET analysts, an average buyer purchasing 500 tons of product per month saves around 18 million rubles annually. For suppliers, the marketplace serves as an additional sales channel, which they use alongside other tools. The average supplier on the platform, selling about 2,000 tons of fuel monthly, earns ...