Russia's Minfin Proposes Tax Incentives for Hard-to-Recover Gas Reserves

Russia's Finance Ministry has submitted proposals to incentivize development of hard-to-recover gas reserves (TRIZ) to relevant agencies for approval, aiming to finalize parameters by the second reading of the tax policy bill. This signals a policy shift toward supporting costly gas extraction, potentially impacting domestic production economics and state revenue. The outcome remains uncertain pending inter-agency agreement.