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Vol. 13, No. 28 Week of July 13, 2008
Providing coverage of Alaska and northern Canada's oil and gas industry


Our Arctic Neighbors: Russia cuts taxes for Arctic exploration

Russia’s State Duma approved tax cuts in early July for oil producers to encourage exploration and development, particularly for those working in Arctic regions. The new legislation creates exemptions from the mineral extraction tax for oil fields that are no more than 0.05 percent depleted. In the....


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