22 August 2020
MAJOR OIL COMPANIES COMPLAIN TO PUTIN ABOUT GOVERNMENT TAX HIKES Major Russian oil producers balk at an idea of an increase in the profit-added tax, according to what Deputy Chief Executive Officer of Gazpromneft Alexei Yankevich said during a videoconference. While speaking about the Finance Ministry’s proposal, he said a relevant paper had been signed, with the whole issue being submitted to the Kremlin. Both Gazpromneft and Rosneft could suffer most from the new changes in the profit-added tax for hydrocarbon fields.
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