ISTANBUL, Oct 5 (PRIME) -- The Russian government may discuss a cut in dividends of state-run oil and gas companies, including Rosneft, Gazprom Neft and Gazprom, to below 25% of their net profit, if the tax burden rises, Economic Development Minister Alexei Ulyukayev told reporters on Monday.
“In principle, it is being discussed, because it is their only source,” he said.
The issue directly concerns oil major Rosneft and indirectly – oil company Gazprom Neft and its parent company, gas giant Gazprom, Ulyukayev said.
“We are ready to discuss it… If we increase the burden on oil and gas companies, it must be funded anyway,” he said, adding that cutting investment programs is undesirable.
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