Monday, March 31, 2014

TRUTNEV PROPOSES TO MAKE NEW LAWS FOR EFFECTIVE USE OF MINERAL

Trutnev PROPOSES TO MAKE NEW LAWS FOR EFFECTIVE USE OF MINERAL

Natural Resources Minister Yuri Trutnev proposes new laws for the effective utilization of mineral resources. He said this in Kazan during a meeting with the President of Tatarstan Mintimer Shaimiev.

Tatarstan has the largest reserves in the country bitumen oil - 8.9 billion tonnes#39; - M.Shaimiev. According to him, investors are going to organize production, but #39;high taxes on the level of oil production, make this fishery uneconomic#39;. #39;We sit like a dog in the manger, under the current tax bitumen extraction is not possible in the next 15-20 years , - said M.Shaimiev.

#39;Affected problem is relevant not only for Tatarstan, but also other regions#39; - said Y.Trutnev. The Ministry of Natural Resources, according to him, together with the Ministry of Finance and Ministry of Industry of the Russian Federation #39;is preparing a package of changes to the tax on extraction of mineral resources#39;. #39;Until the end, the document will be submitted to the government , - he said.