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IV All-Russian Congress «State Regulation of Subsoil Usage 2012», Moscow

Lidings’ Counsel Stepan Guzey participated in the All-Russian Congress «State Regulation of Subsoil Usage 2012» which took place in Moscow, 23-24 April.

Forth year in the row this large scale event is hosted by the Agency of the Socio - Economic Development supported by the State Duma of the Russian Federation, Ministries of Natural Recourses and Ecology, Regional Development and Economic Development of RF, as well as Federal Agency of Subsoil Usage and Environmental Surveillance Federal Service of RF.

This year’s Congress united leading subsoil usage experts in Russian: heads of subsoil usage departments and services, heads of departments dealing with natural resources and industrial activity of Russia’s federal subjects, heads of environmental committees, representatives of business and science, as well as lawyers from leading foreign and national law firms that provide services to companies of natural resource and fuel - energy complex of the country.

During the two days of the Congress multiple sessions and roundtables have taken place. Special attention was drawn to the relevant taxation issues of the companies from the mining sphere. In the course of the roundtable dedicated specifically to this matter co-head of Lidings’ Tax and Customs Practice Group Stepan Guzey shared his expert opinion, discussing a number of important issues related to the expected tax policy during 2012-2015 and future prospects for gas production taxation.

In particular Mr. Guzey spoke about the prospects of offshore oil production and namely measures of tax incentives, mentioning the influence of technological processes of production and transportation on the severance tax.

Agency of the Socio - Economic Development plans to continue a series of special events dedicated to this issue and scheduled fifth Congress devoted to state regulation of subsoil usage in fall of 2012.

To learn more details about this event please refer to the Agency’s website.

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