LETTER FROM MOSCOW: OCTOBER 2009

摘要

Less than two months remain before Russia officially inaugurates its new pipeline that will take crude supplies from East Siberia to Asian markets. However, two major decisions have yet to be announced. First, the planned zero rate of export duty for East Siberian crude - when will it be implemented and for how long? Second, the cost of transportation along the East Siberian-Pacific Ocean pipeline - how much will it be?