Shatalov: Profitability of oil extraction will be maintained if MET increases

The Ministry of Finance considers the possible reduction of oil export duty by 5% and simultaneous increase of oil MET by the same amount in 2014. At the same time the Ministry believes that profitability of oil extraction and processing will be maintained, the Minister of Finance, Sergey Shatalov reported.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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