... the "big" tax maneuver in the oil industry began (the elimination of export duties on oil and oil products and the increase in the mineral extraction tax), the excise tax on fifth-class automotive gasoline was 12,314 rubles, and on diesel fuel, it was 8,541 rubles per ton. Accordingly, the increase in their rates by 2024 has amounted to 22%. The expert explains that the link to the tax maneuver is not accidental. In the mid-2010s, when the maneuver was still being discussed between regulators and industry participants, the increase in the mineral extraction tax on oil and the elimination of export duties were planned to be supplemented by a reduction in excise taxes to offset the cancellation of indirect subsidies to the oil refining ...

... temporarily curb gasoline price hikes. However, Gusev warns this approach could harm the oil refining sector by reducing diesel production, which far exceeds domestic consumption. Instead, he advocates increasing AI-95 production and revising exchange trading regulations. Tereshkin also emphasizes reducing operational costs, such as railway transportation fees for fuel. In 2022, Russian Railways' freight rate for oil and petroleum products was 948 kopecks per 10 ton-kilometers, compared to 281 kopecks for coal. Eliminating indirect subsidies for the coal industry could help lower costs for oil companies. These ...

... nuclear weapons to other states and must work on arsenal reduction. Regulating International Uranium Trade: Various agreements regulate international uranium trade and enriched materials, including bilateral and multilateral treaties. Countries with significant ... ... potential alternatives. Innovations in Uranium Utilization Modern research and development in nuclear energy aim to maximize uranium fuel use, reduce waste, and enhance nuclear plant safety. Small Modular Reactors (SMR): Developing and deploying SMRs represent ...

... technical upgrades. Under current regulations, refineries receiving this subsidy must commission facilities worth at least 50 billion rubles by the end of 2026. Otherwise, the entire amount of investment surcharge payments must be returned to the budget. Regulators are discussing extending this requirement to the early 2030s. However, I believe it would be more reasonable to temporarily suspend payments and compensate the shortfall by reducing fuel excise taxes. According to the Federal Treasury, fuel excise revenues from gasoline and diesel fuel for the first 10 months of 2024 reached 951 billion rubles, with 240 billion rubles allocated to the federal budget and 711 billion rubles to regional ...

... products. Lowering these tariffs, the expert believes, would "partially ease pressure on fuel prices." As another measure to support oil producers, the agency’s interlocutor suggested partially reducing excise taxes. "Under current regulations, 74.9% of excise revenue from gasoline and diesel fuel goes to regional budgets, and 25.1% to the federal budget. Forgoing the 'federal' portion of excise taxes could save oil producers about 250 billion rubles a year," he concluded. Translated using ChatGPT Sourse: https://ria.ru/20240902/toplivo-1969885945....