Konstantin Simonov - The Head of NESF
Konstantin Simonov,
The Head of NESF

Dear fuel-interested readers!

I am happy to welcome you here on the National Energy Security Fund internet site. If you are here then you are probably interested in the following subjects:
  • Money streams in oil and gas industry
  • Competing projects of Russian energy development
  • Future of Russian oil and gas corporations

We, at the National Energy Security Fund, are highly concerned about these issues too. Hence, we will try to be your guide in the world of big politics and energy business.

Our main goal is to show how energy resources and political power in Russia interlink.

«Study what hasn’t been studied» is the motto we are guided by sniffing out the smell of the money, oil, and gas in the Russian government lobbies.

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Analytical reports

Fiscal Policy on Oil and Gas Sector: Revised as Often as Wikipedia

The tax system in the oil and gas sector continues to undergo radical changes. The beginning of 2019 saw the introduction of a new tax regime: additional income tax. That experiment was supposed to start migration of the oil industry to an innovative principle of taxation: on profit, not revenue. It seemed that a new main road was found. In the same year, however, the Finance Ministry launched an overt offensive against AIT. The fear of loss of government revenue now is more powerful than the threat of causing oil production to collapse in the medium term because of a tax system that does not stimulate investment. The Finance Ministry would strongly prefer to speed up the tax manoeuvre completion that earns the state budget additional money. Oil and gas companies respond to this with individual lobbying, attempting to wangle special treatment for their projects.

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Political power in Russia after presidential election

The new report analyzes the situation which followed «reformatting» of the political system in Russia within the «Successor» operation. Currently the new management structure and inter-elite situation have been formed aggressively in view of the existing model of «Putin-Medvedev» duumvirate.

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