On 26 October 2026, the State Tax Service issued methodological recommendations for natural gas producers regarding the application of the deferred rent payment mechanism for exported gas. Under the Law on Amendments to Certain Legislative Acts on Ensuring Energy Security, producers exporting gas under certain conditions may defer the payment of rent (royalty) for the volume of gas exported. The STS guidance details the eligibility criteria, the procedure for notifying the STS, the required security (bank guarantee or surety), and the timeline for subsequent settlement.
Key Takeaways
- Eligibility Conditions: Deferral applies only to gas produced from fields where commercial production started after 1 January 2020 and exported via certified customs regimes.
- Security Requirement: Producers must provide a bank guarantee covering 100% of the deferred rent amount, valid for at least 12 months.
- Reporting Obligation: Monthly reports on exported volumes, deferred amounts, and guarantee status must be submitted to the STS by the 20th of the following month.
Disclaimer: This article is compiled and summarized by the AI based on publicly available information and is for general information purposes only. It does not constitute any form of formal tax advice, legal opinion, or basis for performance. Please consult a qualified professional tax advisor or legal counsel for tax advice.
Source: Read Official Announcement