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Russian Federation: Elimination of Extraction Tax on gas and gas condensate from Yamal Peninsula

Description

On 21 July 2011, the Government of Russia introduced an exemption from the payment of the Mineral Extraction Tax on natural gas and gas condensate extracted wholly or partially on the Yamal Peninsula....

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

01 Jan 2012

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

location-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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