Marcel Salikhov, President of the Institute for Energy and Finance Foundation, took part in the program “OTRazhenie” on the OTR TV channel in a story about the situation on the European gas market.
For the first time in history on the European futures market, at the opening of trading, gas prices broke through the level of one thousand dollars per thousand cubic meters. Growth by more than one and a half times since September 1.
Marcel Salikhov:
- When gas is exported overseas, an export duty of 30% of the value is levied. Accordingly, the higher the price, the higher the export duty will be. The export duty goes to the federal budget and is spent on all operating expenses.
- This year, because of oil prices, because of gas prices, and in general because of the good situation on the commodity markets, the federal budget is likely to be in surplus. Accordingly, all these measures that were announced on additional payments (perhaps such decisions will still be made), they are just connected with a good market situation. You can spend budget money.
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