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Vol. 4, No. 9 Week of September 28, 1999
Providing coverage of Alaska and northern Canada's oil and gas industry


Russia raises oil export tax; no implementation date set

Moscow wants to raise oil export taxes to increase government revenues and encourage more supplies to the domestic market

by The Associated Press

The Russian government has decided to raise the export tax on crude oil from 5 euros to 7.5 euros (from $5.26 to $7.90) per metric ton, a top official said Sept. 9. Russia had previously upped the tax on Aug. 1, and the government said it wanted a bigger increase. But the plan was temporarily block....

    [additional news subjects in this story]

Government selling Lukoil stock


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