Russia plans to overhaul oil tax policy – OilPrice.com

Russia plans to overhaul oil tax policy – OilPrice.com

Forced by OPEC + production cuts and the need to balance its 2020 federal budget, Russia has started playing with one of the most dangerous policy instruments it has – upstream taxation. For decades, Russian oil companies have complained that the constant tinkering of upstream conditions complicates their long-term strategic deliberations and confuses potential foreign […]

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