Здравствуйте. Вся информация этого сайта бесплатна. Вы можете сделать пожертвование и поддержать наше развитие. Спасибо.

Hello. All information of this site is free of charge. You can make a donation and support our development. Thank you.

2015-11-25 19:55:00

OIL PRICE 2016: $50

ЦЕНА НЕФТИ 2016: $50

The new budget rule should rely on mid-term crude oil price within $50 per barrel, Russia's Finance Minister Anton Siluanov said on Tuesday.

"We assume that we need a new budget rule relying on crude price of $50 per barrel maximum, as we see that this price is likely to stay for mid-term," the Minister said.

He added that this year global economic growth will total around 2.9% though forecasts are constantly being adjusted for the worse.

"That's why we simply cannot speak about any improvements regarding demand for oil and respectively price dynamics," Siluanov said.

Earlier Russia's Economic Development Minister Alexey Ulyukayev said it's not reasonable to introduce new budget rule amid current environment.

On September 7, Siluanov said that the budget rule will be reapplied after 2016. According to the Finance Minister, a clear and transparent setting of parameters is the best practice of budgeting for all participants of the process as well as for citizens and investors.

The budget rule determines the maximum level of budget expenditures on the basis of oil prices. It is aimed at reducing dependence of Russia's budget on market revenues. The essence of the rule is to transfer additional oil and gas revenues, which are formed if the actual price of oil exceeds the target price, to the Reserve Fund.

In case the Reserve Fund exceeds 7% of GDP, additional oil and gas revenues should be directed to the National Wealth Fund.

The budget rule also limits budget deficit to 1% of GDP. If oil prices decrease, the settlement price is determined as the average over the past 3 years.

tass.ru

-----

More:

IRAQI OIL $30 

РЫНОК НАЙДЕТ БАЛАНС 

ДИСБАЛАНС МЕНЬШЕ 

OIL PRICES 2020: $80 

OIL PRICES 2016: $56

Tags: OIL, PRICE
ЦЕНА НЕФТИ 2016: $50 October, 19, 11:30:00

ТРАГЕДИЯ В КЕРЧИ

ЦЕНА НЕФТИ 2016: $50 October, 19, 11:25:00

OIL PRICE: NOT ABOVE $80

ЦЕНА НЕФТИ 2016: $50 October, 19, 11:20:00

GAS FOR CHINA: THE BIGGEST

ЦЕНА НЕФТИ 2016: $50 October, 19, 11:15:00

RUSSIAN LNG FOR GERMANY

ЦЕНА НЕФТИ 2016: $50 October, 19, 11:10:00

RUSSIAN YAMAL LNG

ЦЕНА НЕФТИ 2016: $50 October, 19, 11:05:00

EXXON'S LNG FOR CHINA

All Publications »

Chronicle:

ЦЕНА НЕФТИ 2016: $50
2018, October, 19, 11:00:00

NORWAY'S GAS FOR BRITAIN

PLATTS - Norwegian natural gas exports to the UK jumped to their highest in six months Wednesday as consistently high UK prices incentivized flows normally only reserved for wintry periods.

ЦЕНА НЕФТИ 2016: $50
2018, October, 19, 10:55:00

UZBEKISTAN'S NUCLEAR: $11 BLN

AZERNEWS - The estimated cost of construction of nuclear power plant of Russian design in Uzbekistan will be about $ 11 billion, the launch of the first power unit has been planned for 2028, the Aide to the President of the Russian Federation Yury Ushakov said.

ЦЕНА НЕФТИ 2016: $50
2018, October, 19, 10:50:00

IRANIAN GAS: 1 BLN CMD

SHANA - Managing Director of the Iranian Gas Engineering and Development Company (IGEDC) Hassan Montazer Torbati said the supply of one billion cubic meters per day of natural gas by National Iranian Gas Company (NIGC) was one of the goals of the company by 2021.

ЦЕНА НЕФТИ 2016: $50
2018, October, 19, 10:45:00

CHINA - BELGIUM NUCLEAR

WNN - China and Belgium have signed a framework agreement on cooperation in the peaceful use of nuclear energy. The agreement was one of several accords signed in Brussels yesterday during a meeting between Chinese Premier Li Keqiang and Belgian Prime Minister Charles Michel.

All Publications »