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Saturday, 5 May 2018

Russia’s new oil tax bill promises a big change

Russia’s new oil tax bill promises a big change

*Has limited scope 05 May 2018, Sweetcrude, Houston — The scope of Russia’s profit-based tax (NDM) pilot scheme will still be limited in the context of Russia’s upstream sector, according to GlobalData, a leading data and analytics company. In April 2018, Russia’s Ministry of Energy proposed widening the application of the pilot scheme for an …

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