Legal

Lukoil denies information about overstating of Varaney terminal’s services fee

Lukoil has denied information in the mass media about the overestimation of the fee for services of the Varandey terminal for oil transshipment.

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Oil industry companies of the Russian Federation may be obliged to pay property tax for all wells

The Ministry of Economic Development of the Russian Federation has prepared a draft law, which, in particular, will oblige the oil industry companies to pay real estate tax on all wells.

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Export duty on naphtha to decrease by 9.4%, the duty on LPG to remain zero.

Export duty on liquefied petroleum gas (LPG) will remain zero in February.

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Moscovite files lawsuit against Moscow Refinery

The same plaintiff already filed a similar lawsuit  in June 2018.

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Gazprom Neft develops and registers Russian standard for bunkering LNG

The new document is based on a similar international standard for bunkering vessels operating on liquefied natural gas.

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FAS not to apply punitive penalties against Rosneft for stoppage of trading on exchange

The Federal Antimonopoly Service hasn’t seen legal fault of Rosneft in the fact that the company stopped the sale of petroleum products on the commodity exchange in mid-November, and then res

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FAS to evaluate transshipment in Varandey

The regulator initiated a case against LUKOIL after complaints by Bashneft.

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Kazakhstan to double excise taxes on petrol imported in December

The government of Kazakhstan has amended the resolution on the approval of excise taxes on gasoline, according to which the excise tax on imported fuel will increase by 2.3 times.

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Russian Government Commission on Foreign Investments not to consider sale of EDC

The Russian Government Commission on Foreign Investment hasn’t even considered acquisition of the largest Russian drilling company Eurasia Drilling Company (EDC) by international company Schl

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FAS allows Sberbank to join board of New Stream group

The Federal Antimonopoly Service (FAS) of Russia approved the petition of Sberbank to join the board of the New Stream group.

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