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Russia should agree oil tax changes by end of July - energy minister
July 11, 2014 / 5:50 PM / 3 years ago

Russia should agree oil tax changes by end of July - energy minister

HAVANA, July 11 (Reuters) - A Russian plan to tweak taxes for oil extraction by increasing the mineral extraction tax and cutting export duties should be agreed by the end of July, Russia’s energy minister said on Friday.

The government is in talks with the companies concerned, Energy Minister Alexander Novak said. “Within a week or two an agreement should be reached,” he said during a visit to Cuba.

Reporting by Alexei Anishchuk; Writing by Alissa de Carbonnel; Editing by Pravin Char

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