Rosneft Gets Tax Breaks for Giant Field

摘要

Russian state-controlled Rosneft has managed to agree to huge tax breaks for the giant Samotlor field in Western Siberia that could total $6 billion. The state-controlled major said Monday that the Russian finance ministry will present by Oct. 15 a law draft on granting investment stimuli for Samotlor development in the form of an annual reduction of mineral extraction taxes worth 35 billion rubles ($600 million) for 10 years.