ANNOUNCEMENT 16 Oct 2014

In October 2014, the government of the Russian Federation announced a change in export taxation.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising

SOURCE



1. ,
http://government.ru/dep_news/15290/

2. ,
http://government.ru/docs/6568/

3. Surgutneftegaz has launched the Eastern block of the Talakan oil and gas condensate deposit
http://rusmininfo.com/news/29-04-2013/surgutneftegaz-has-launched-eastern-block-talakan-oil-and-gas-condensate-deposit

4. A Surprise Bidder Buys Yukos Unit
http://www.washingtonpost.com/wp-dyn/articles/A11823-2004Dec19.html

5. Russia Oil and Gas Exploration Laws and Regulation Handbook
http://books.google.ch/books?id=FnBfJK2zC7oC&pg=PA89&lpg=PA89&dq=talakan%2Byamal%2Boil&source=bl&ots=2_MjmuXzeI&sig=bmVOD4yoEazBxNLBRtoCAT38dQ8&hl=bg&sa=X&ei=t4RKVNaPK4qWaqqsgOAC&ved=0CCcQ6AEwAQ#v=onepage&q=talakan%2Byamal%2Boil&f=false


Inception date: 18 Oct 2014 | Removal date: open ended

Export tax

On 16 October 2014 was approved Decree 2053-. Its purpose is to implement the reduced export customs duties mechanism with regard to crude oil with special physical and chemical characteristics. The scope of the new state initiative is limited to the territory of the Eastern bloc Talakan.

AFFECTED SECTORS

 
120

AFFECTED PRODUCTS

 
270900