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Tax break for Gazprom
Russia’s Natural Resources Ministry supports giving Gazprom a tax break for an offshore oil and gas field in the Far East after Western sanctions over Ukraine hit its development prospects, reports Reuters. Gazprom considers the development of the Yuzhno-Kirinskoye field as essential for the expansion of its Sakhalin-2 LNG plant. Alexei Miller, Chief Executive of Gazprom, asked for tax breaks for the field near the Pacific island of Sakhalin early in October.
News Item details
Journal title: Petroleum Review
Countries: Russia -
Subjects: Policy and Governance, Oil and gas, Oil, Offshore production, Regulation and accountability
