Putin instructed to clarify oil price indicators for taxation of oil companies

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Russian President Vladimir Putin has instructed the Russian government to clarify oil price indicators by June 30 to tax oil companies. area Kremlin.

It was noted that the order was given, among other things, to reduce the amount of discount applied to the world oil price. The report must be submitted by 30 June 2023.

According to the results of the previous fiscal year 2022-2023 Finished On March 31, Iraq became the leader in terms of cash income from crude oil exports to the Indian domestic market.

According to the news that Mint newspaper based on analyst statistics, while Baghdad received a total of 33.37 billion dollars for 50.31 million tons of raw material supply, Moscow received only 31.02 billion dollars for 50.84 million tons of exports. Indian Ministry of Commerce and Industry.

The main reason for Russia’s loss of income was the oil ceiling mechanism set by Western countries, including the G7 countries, the European Union (EU) and Australia.

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