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Russian oil tax changes would generate $8.2 billion in 2023, official says

Reuters

MOSCOW (Reuters) - Proposed changes to oil industry taxation, including fixed discounts on Russian oil to dated Brent, will boost Russia's state budget by 600 billion roubles ($8.2 billion) this year, Deputy Finance Minister Mikhail Kotyukov said on Tuesday.

Speaking at a meeting of the parliamentary committee on budget and taxes, Kotyukov also said the proposed changes will not have a negative impact on Russian oil production.

($1 = 73.5340 roubles)

(Reporting by Vladimir Soldatkin, Darya Korsunskaya and Olesya Astakhova; Editing by David Goodman)