Bloomberg News

Gazprom to Get Oil Tax Breaks for Prirazlomnoye Field in Arctic

December 13, 2011

Dec. 13 (Bloomberg) -- OAO Gazprom is set to get tax breaks for oil exported from its Prirazlomnoye field in the Arctic offshore, according to a statement on the Russian government’s website.

A government commission recommended taxing oil exports from Prirazlomnoye at the discounted rate used for some eastern Siberian and Caspian oil, according to the statement.

To contact the reporter on this story: Anna Shiryaevskaya in Moscow at ashiryaevska@bloomberg.net

To contact the editor responsible for this story: Torrey Clark at tclark8@bloomberg.net


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