ANNOUNCEMENT 16 Jul 2012

In July 2012, the Eurasian Customs union exempted exports from the oil field from all export duties.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising

SOURCE

Decision 54 of 2012
http://www.eurasiancommission.org/docs/Download.aspx?IsDlg=0&ID=475

Decision 110 of 2016
http://www.tks.ru/news/law/2016/10/05/0002/print


Irkutsk Oil Company has resumed gas delivery to the system of Transneft from Yarakty deposit
http://www.rusmininfo.com/news/22-09-2016/irkutsk-oil-company-has-resumed-gas-delivery-system-transneft-yarakty-deposit

Irkutsk Gas Flaring Reduction executive summary
http://www.ebrd.com/english/pages/project/eia/38626.pdf

Irkutsk Oil Company to invest EUR2.5bn in Siberia
http://en.dimera.ru/irkutsk-oil-company-to-invest-e2-5bn-in-siberia/#

Inception date: 16 Jul 2012 | Removal date: 02 Jan 2017
Still in force

Export tax

On 16 July 2012, Board of the Eurasian Economic Commission exempted oil exports from the Yarakta (Yaraktinskoe) oil and gas field from all export duties (Decision 54). 

The exemption was revoked through decisionNo. 110 of the Board of the Eurasian Economic Commission of 4 October 2016. This provisions of Decision No. 110 enter into force on 2 January 2017.

AFFECTED SECTORS

 
120

AFFECTED PRODUCTS

 
270900