Global Trade Alert
Global Trade Alert

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

Announcement

22 Aug 2024

In August 2024, the Russian government approved a decree to provide a tariff exemption for the import of certain types of equipment used in the construction, equipping, and technical maintenance of small-scale liquefied natural gas (LNG) production and sales facilities.

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Number of interventions

2

1 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

22 Aug 2024

Revocation date:

31 May 2026

Updated: 22 Aug 2024
Import tariff In force

On 22 August 2024, the Russian government adopted a decree exempting certain equipment imports for small-scale LNG projects from import customs duties until 31 May 2026. This policy is designed to ...

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Implementation date

22 Aug 2024

Revocation date:

31 May 2026

Updated: 22 Aug 2024
Tax or social insurance relief In force

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 ...

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