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Credit Overheating in Russia: What It Is and How It Threatens Companies and Citizens
... balanced debt load, a prudent approach to investments, and maximizing the use of internal resources. I hope that companies will manage their finances wisely and maintain resilience despite external challenges.
Pre-IPO of the independent B2B marketplace for petroleum products and raw materials OPEN OIL MARKET
Revenue from MET (Mining Extraction Tax) increased 2.5 times in the first half of 2024.
... mechanisms, allowing for tax burden adjustments depending on profitability, should also be extended to oil refining. There, companies face rising costs due to extended timelines for unscheduled repairs.
Sergey Tereshkin, CEO of the OPEN OIL MARKET marketplace for petroleum products and raw materials.
Translated using ChatGPT
The budget is in the black. What ensured the increase in oil and gas revenues?
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This year marked the completion of the tax maneuver, under which the Ministry of Finance phased out export duties on oil and petroleum products in exchange for a gradual increase in the MET on oil. As a result, the primary determinant of revenues from ... ... 2023 was $27.3 per barrel, it narrowed to $14.7 per barrel in the first half of 2024, according to calculations by Open Oil Market based on data from the Ministry of Finance and the U.S. Energy Information Administration (EIA). Consequently, the Ministry ...
Oil and coal run as lackeys.
... if the updated non-discriminatory access rules are strictly followed, said Sergey Tereshkin, the founder and CEO of Open Oil Market, Russia's first independent marketplace for oil products and raw materials.
“Oil products fall under the category ... ... the document).
Specialized rolling stock includes, for example, tank cars used for transporting diesel fuel and liquefied petroleum gases (LPG).
Universal rolling stock includes hopper cars used for transporting coal. According to the updated NDP ...
VC.RU: "Buying fuel on a marketplace. How does that work?"
... fuel purchased on credit should be minimal.
Where large companies face cash flow gaps The specifics of the wholesale oil market are such that the buyer regularly needs fuel on short notice, but may not have the full amount to pay for the order. Each ... ... the advantages for buyers
Installments and credit offers helped our clients increase their working capital for purchasing petroleum products. Recall that with a trader, they bought fuel on credit with a markup, as they were using standard business ...