Ministry of Natural Resources eager to release oil producers from tax benefits

The Ministry of Natural Resources has brought into the public the idea to release oil producers from tax benefits for the period of postponing of the launch of shelf deposits. The suggestions has been brought to the Russian Government. The authorities suggests to apply the economy sanctions instead of withdrawal of the licenses for the failure to execute the liabilities about geological exploration and launch of the deposits to development. The suggestion was denounced at the session headed by the Vice Premier A.

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