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Global Trade Alert

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Russia: Tariff exemption for import of equipment for small-scale LNG projects

Description

On 22 August 2024, Russia announced the implementation of a tariff exemption for the import of specific types of equipment necessary for the construction, equipping, and maintenance of small-scale LNG...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

22 Aug 2024

Revocation date

31 May 2026

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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