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Taxation problems in energy sector to be discussed at Conference on Sakhalin

July 16, 2013, 8:14 UTC+3

Russian President Vladimir Putin will chair the conference

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YOUZHNO-SAKHALINSK, July 7 (Itar-Tass) - Taxation in the fuel and energy sector is one of the issues that will go on discussion at a conference on social and economic development of the Sakhalin region, due to be chaired by visiting President Vladimir Putin.

He said it in the course of a videoconference, which linked him up right from the airport of Yuzhno-Sakhalinsk to the Orlan platform, which is about to round up a history of drilling jobs in Sea of Okhotsk in the northern sector of Sakhalin’s continental shelf.

“As regards taxation, we’ll speak about it the conference on the Sakhalin region development, we’ll raise the issue at the conference today and I’m sure we’ll tap the clues that will be acceptable for the producers, for the regional budget, and for the federal budget on the whole,” Putin said.

Igor Sechin, the CEO of Russia’s major oil corporation Rosneft who was standing on the platform during the videoconference asked the President to give particular attention to the building of large-tonnage ships.

“The experience that was gained during the designing and operations of the Orlan and the extreme need for such technologies in the process of developing Russia’s continental shelf testifies to the importance of a special presidential order on developing large-tonnage shipbuilding in the Far East where monopoly belongs to South Korean companies for the time being,” Sechin said.

“I hope the conference you’ll chair will offer an opportunity to discuss the issue,” he said.

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