Lavrov: joint projects with Japan to bring relations to new levelRussian Politics & Diplomacy December 03, 12:29
Russia delivers humanitarian aid to Aleppo daily unlike UK — Defense MinistryWorld December 03, 7:29
Foreign ministers of Russia, Japan will discuss Putin’s upcoming visit to TokyoRussian Politics & Diplomacy December 03, 3:37
President of Luxembourg Forum welcomes Russia’s attention to threat of nuclear terrorismWorld December 03, 3:11
Presidential polls to determine vector for Uzbekistan’s further development — CEC chairmanWorld December 03, 2:44
Lavrov, Kerry discuss settlement in Syria at conference in RomeWorld December 03, 1:36
Kiev halves water supplies to LPR from another pumping station — LPR negotiatorWorld December 03, 0:50
Civilian wounded by Ukrainian sniper near Gorlovka — agencyWorld December 03, 0:31
Reconciliation agreements signed with 6 Syrian settlements — Russian Defense MinistryWorld December 02, 23:50
On July 23, 2013, President Vladimir Putin signed a bill on stimulating the development of tight-oil reserves. The bill had been prepared by the Energy Ministry in conjunction with the Finance Ministry.
According to the document, the rates of the tax on the extraction of commercial minerals shall be differentiated depending on the indicators of reservoir permeability (the property of rock to serve as conductor in the movement of liquids or gases), the extent of field depletion, and the size of the oil-filled formation.
The Energy Ministry materials say that, according to expert estimates, the development will involve about two billion tonnes of oil reserves, and that an additional prospecting and estimation of tight-oil reserves will be carried out regarding up to 22 billion tonnes.