... agrees to alternative payment systems and permits re-export, Turkey could profit," Yushkov notes. Nevertheless, Gazprom faces potential losses of up to 25 billion cubic meters of gas, which could necessitate production cuts, affecting the Russian budget due to reduced taxes and export duties. While these losses are smaller compared to the 130 billion cubic meters lost earlier, they remain significant given Russia's budget deficit. LNG Prospects Experts doubt the EU will impose a full ban on ...

... Changes in tax legislation could also influence fuel price dynamics in the domestic market. For example, at the end of 2024, the Federal Anti-Monopoly Service (FAS) proposed separating the dampener payments (compensation to oil companies from the state budget for part of the lost export revenue for supplying fuel to the domestic market at low prices) for AI-92 and AI-95 gasoline. Currently, the dampener is calculated only for AI-92 based on exchange trading indicators, but it also covers the supply ...

... them increase production volumes and improve product quality. Support for Local Business: The company provides opportunities for small and medium producers to promote their products at the federal level. 3. Tax Contributions Contribution to Regional Budgets: The company's annual tax contributions make up a significant portion of local budget revenues, enabling funding for social programs, infrastructure construction, and local improvement projects. Impact on Investors 1. Stock Market Status Ticker ...

... curb price growth, potentially coupled with reducing fuel excise taxes. For instance, excise taxes on Euro-5 gasoline are set to rise to 15,755 rubles per ton by 2025, compared to 5,530 rubles in 2015. Currently, 74.9% of excise revenues go to regional budgets and 25.1% to the federal budget. Adjusting the federal share could provide room for reform. Alternatively, restricting diesel exports may temporarily curb gasoline price hikes. However, Gusev warns this approach could harm the oil refining ...

... require millions. Nevertheless, these expenses usually yield returns of 500% or more with the right approach. To ensure a competitive product protected by copyright, one must invest around $500,000. In the U.S. and European countries, nearly the entire budget goes toward paying specialists, most of whom work remotely. In Russia, only half of the budget is allocated for this purpose; the remaining funds cover equipment purchases, office rentals, licenses, taxes, bribes, and other expenses. Risks Investing ...