RulesIn force
Low-profitability hydrocarbon fields rules (MET)
On approval of the Rules for classifying a hydrocarbon field (group of fields, part of a field) as low-profitability and the procedure for taxation in respect of mineral extraction tax
The English title is an unofficial translation.
Under the new Tax Code (in force from 1 January 2026), set how a hydrocarbon field (group of fields, part of a field) is classified as low-profitability and how a reduced mineral extraction tax (MET) rate is set for it.
What matters for an oil & gas company
- A field qualifies when its planned sales profitability for the current or coming year, calculated by the subsoil user under the prescribed formula, is 0% or less.
- Applications go to the Ministry of National Economy: for the current year no later than 1 September; for the coming year between 30 September and 31 December, with financial and tax statements, budgets and agreed production plans.
- After opinions of state bodies and a commission's recommendation, the Government includes the field in the list with a specific MET rate for a calendar year; MET already paid for that year is recalculated.
- Replace Government Resolution No. 204 of 18.04.2018, which also covered high-viscosity, watered, low-yield and depleted fields; the new rules deal only with the low-profitability category.
The summaries are for orientation and are not legal advice. Only the official text is legally binding. Checked in September 2026.