Russian government may waive oil export tax in Caspian oilfield

Russia's second largest oil company, Lukoil, said here today that the Russian government may be exempting oil export taxes from oil fields in the Caspian Sea.
Leopold’s vice president, Leonid Fedon, made the above statement in an interview with a media reporter. He said that if the Russian government takes this measure, Lukoil will accelerate the implementation of its oil and gas projects in the Caspian Sea.

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