Duma 'backs tax break' for Arctic gas fields

Fillip: for Shtokman project

Russia’s parliament, the State Duma, is reported to have backed the scrapping of an onerous property tax on Arctic offshore gas projects in a possible move that could help kick start the stalled Shtokman scheme.

Become an Upstream member!

Membership includes a subscription to our weekly newspaper providing in-depth news from the energy industry, plus full-access to this site and its archives. Still not convinced? Try our free trial.

Already a member?

Login

Upstream share price index