Russian Energy Ministry supports providing coal miners with installment plan for MET payments; subcommission on targeted measures to also continue work
MOSCOW. Jan 26 (Interfax) - The government subcommission on providing targeted support measures to coal companies chaired by Finance Minister Anton Siluanov will continue its work in 2026, the Energy Ministry said.
The subcommission reviewed 12 groups of organizations in the coal industry (including 41 coal open pits and mines) in 2025. It is planned that applications from all organizations interested in receiving financial measures of state support will be considered in 2026, the ministry said.
The Energy Ministry also supported the initiative of the Finance Ministry to provide coal companies with an installment plan until the end of 2026 for the payment of mineral extraction tax (MET) and insurance premiums, the deferred payment for which was previously extended until the end of February 2026. This decision is a logical continuation of the previously provided support measures, the Energy Ministry said.
The installment plan should apply to all 138 organizations that were previously granted a deferral, the Energy Ministry said. This will allow coal companies to maintain liquidity and working capital. Coal companies will be able to systematically repay their debt for the payment of MET and insurance premiums for 9M by the end of 2026, the ministry said.
The Energy Ministry is finalizing the draft resolution jointly with the Finance Ministry, it said.
The Finance Ministry on Thursday proposed providing coal companies with an installment plan until the end of 2026 for the payment of MET and insurance premiums, the payment for which was previously deferred until February 2026. The installment plan will be provided from March to December 2026 inclusive, provided that payments are made in equal installments during this period.
In December, the government extended the deferral for the payment of MET and insurance premiums for coal companies, approved in May 2025, until February 28, 2026, inclusive. "Now we are already discussing what measures we will take next year, because we believe that support should continue for the coal industry," Minister Energy Sergei Tsivilev said.
In addition, following Russian Energy Week 2025, President Vladimir Putin instructed the government to monitor the financial condition of coal companies and if necessary take state support measures aimed at improving their economic efficiency and competitiveness.
