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Revenue from MET (Mining Extraction Tax) increased 2.5 times in the first half of 2024.
... according to data from the Ministry of Finance. Over the same period, the share of AIT in the structure of oil and gas budget revenues grew from 12% to 18%.
Unlike the Mineral Extraction Tax (MET), AIT is calculated not based on the volume of extracted resources but on the revenue from their sale minus production and transportation costs. The introduction of AIT coincided with a major tax maneuver launched in 2019, which was no coincidence. The Ministry of Finance aimed to bring additional funds into ...
An expert explained the increase in gas production in Russia by the rise in supplies to the EU.
... Gasification and increased supplies to the EU led to an increase in gas production in Russia (Izvestia).
The expert explained that this is related to the rise in supplies to the EU. Find out how production volumes have changed, what affects the energy resources market, and how this might impact the economy. For more details, read the article on the website!
Gasification and the increase in supplies to Europe have driven the growth of natural gas production in Russia, said Sergey Tereshkin, CEO of ...
Where Are Rosseti's Investments Going?
... Electric Power Industry
Investments in 2023: 468.9 billion rubles
Investments in 2022: 364 billion rubles
Main Investment Directions:
Modernization of Network Infrastructure and Development of Distribution Networks:
In 2023, Rosseti allocated significant resources for upgrading electricity distribution networks and installing modern substations, enhancing energy supply stability and reducing emergency outages. These efforts are focused on developing large energy systems, including the Western and Eastern ...
Investing in Gold: A Solution to Market Uncertainty
... that the global supply of gold is limited, as extracting it becomes increasingly challenging and expensive. Demand significantly exceeds supply not only due to gold's status as an investment and a material for jewelry but also because it is a critical resource for many industries.
How Much to Invest
Investing in gold, like all investments in general, carries elements of risk. Therefore, it is essential to invest with this in mind, thereby limiting the capital allocated for investment. In other words,...
Where is En+ Investing?
... harmful energy sources.
Sustainable Development and Ecology:
Reducing carbon footprint: Implementing technologies that reduce CO₂ emissions and minimize environmental damage.
Programs for ecosystem restoration: Initiatives aimed at protecting water resources and biodiversity in areas of operation.
Digitalization of Energy Infrastructure:
Smart grids: Developing and implementing "smart" networks to enhance energy supply stability.
Digital solutions: Automating energy management processes ...