Putin has released Gazprom from gas production tax
Edited by Rhod Mackenzie / 2014-11-26 01:10:28
Diesel Oil and Gas Refining Russia Petrol Russia Oil and Gas Gas Gazprom Oil Production and Refining
The RF President V. Putin has released Gazprom for 15 years from the mineral production tax and by 20 years from the property tax if it realizes Power of Siberia, the project for gas supplies to China.
Within the tax manoeuvre, Russia gradually reduces within 3 years import duties by 1.7 times for oil and by 1.7-5 times for oil products depending on their sort and increase oil tax rates by 1.7 times and gas condensate rates by 6.5 times.
