CNN deletes article about meeting between Scaramucci and Russian Direct Investment FundWorld June 24, 13:12
Ukrainian Army units shell Donetsk Republic in first hours of newceasefireWorld June 24, 5:19
Politician says Russia vs Mexico football game will be interesting to watchSport June 23, 21:11
Kyrgyz president sees revival of relations with Russia as major result of his tenureWorld June 23, 20:49
Ex-premier says initiative to impeach Poroshenko stems from Ukraine’s economy collapseWorld June 23, 20:20
This week in photos: Confederations Cup opening and summer solstice celebrationsSociety & Culture June 23, 19:11
Turkish ambassador to Russia: Moscow and Ankara to join efforts in war on terrorWorld June 23, 18:45
Ukraine’s finance ministry files appeal to London Court against Russia in $3 bln debt caseBusiness & Economy June 23, 18:42
Ukrainian society tired of Poroshenko’s policy — expertRussian Politics & Diplomacy June 23, 17:58
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.