Application of tax incentives mechanisms in geological prospecting activities to increase Tatneft OAO resource base

Authors: R.S. Khisamov (Tatneft OAO, RF, Almetyevsk), A.F. Yartiev, V.G. Bazarevskaya (TatNIPIneft, RF, Bugulma)

Key words: oil production, addition to reserves, geological prospecting and exploration, oil and gas production tax, tax incentive mechanism.

The paper considers the issues of alternative approach to geological prospecting activities financing and presents official and analytical statistics data referred to the matter. Much attention is paid to the effectiveness of geological prospecting in OAO TATNEFT in the middle-term.

References
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