Income tax rate for LNG producers in 2023-2025 is supposed to increase from the standard 20% to 32%, of which 17% will go to the regional budgets and 15% - to the federal budget, according to Kommersant sources familiar with the proposals of the Ministry of Finance. The tax increase would allow the Finance Ministry to raise up to ₽200 billion a year. The changes will primarily affect Novatek's projects - Yamal LNG and Cryogas-Vysotsk - as well as Sakhalin-2 and Gazprom's Portovaya LNG.
Income tax rate for LNG producers in 2023-2025 is supposed to increase from the standard 20% to 32%, of which 17% will go to the regional budgets and 15% - to the federal budget, according to Kommersant sources familiar with the proposals of the Ministry of Finance. The tax increase would allow the Finance Ministry to raise up to ₽200 billion a year. The changes will primarily affect Novatek's projects - Yamal LNG and Cryogas-Vysotsk - as well as Sakhalin-2 and Gazprom's Portovaya LNG. 
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