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Government discusses incentives to attract investment in the Arctic


Russian Energy Minister Alexander Novak said that the Russian government is discussing the benefits of mineral extraction tax and income tax to attract investment in the Arctic.

He said that together with the ministry for the affairs of the Far East, the Ministry of Natural Resources and the Ministry of Energy, a set of measures had been prepared, “it is also being discussed in the government - these are benefits, including mineral extraction tax, income tax benefits, which should provide an opportunity to attract investments in Arctic zone. "

“We see enormous potential, especially concerning the north of the Krasnoyarsk Territory, the Taimyr region, here we can talk about such numbers as production from 50 to 80 million tons (oil. - RT ), loading of the Northern Sea Route, of course, also attracting new technologies to this region ", - quotes RIA Novak news.

Earlier, the Ministry of Energy advocated tax incentives for projects on the shelf of the Arctic.

Also, the Ministry of Natural Resources of Russia completed additional studies to expand Russian borders in the Arctic.

Source: russiart

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