Taxation issues and financial results of the oil and gas enterprise

The primary goals facing the oil and gas company in this year is a maintenance of sufficient value of thefree monetary stream, adequate refinancing and bank support., Most likely, these problems will solve uneasy.Reduction of monetary streams of the oil companies rather less than in other branches. This results from thefact that branch taxes become attached to the prices for Urals oil and it provides some hedging if this processgoes together with decrease in a rouble exchange rate and favorably influences costs of the oil companies,nevertheless, the companies face in the practice problems in the field of the taxation and pricing that directlyinfluences their financial results and possibilities to carry out investment programs. At the same time it is expectedthat extraction volumes so also profit in oil branch the next 2 - 3 years will fall.

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