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UPDATED 1 Sept: The EI library in London is temporarily closed to the public, as a precautionary measure in light of the ongoing COVID-19 situation. The Knowledge Service will still be answering email queries via email , or via live chats during working hours (09:15-17:00 GMT). Our e-library is always open for members here: eLibrary , for full-text access to over 200 e-books and millions of articles. Thank you for your patience.
Russia plans to overhaul oil industry tax
Russia is planning to overhaul its oil industry tax, introducing a profit-based system designed to boost government revenue and lift output from 2018, reports Reuters. The proposed tax system could be applied first to pilot projects of 200,000–300,000 b/d.
News Item details
Journal title: Petroleum Review
Subjects: Oil markets, Policy and Governance, Economics, business and commerce, Oil, Oil prices, Petroleum taxation, Energy policy
