Alliance Oil Company May Get Russian Tax Break, Kommersant Says

Alliance Oil Company Ltd. may get 4.5 billion rubles ($146 million) of compensation from the government next year after Russia adopted a new oil tax regime, Kommersant reported today.

The company plans to apply to the government after OAO Bashneft and OAO Tatneft got the right for the compensation, the Moscow-based newspaper said, citing people in Alliance it didn’t identify.

To contact the reporter on this story: Yuliya Fedorinova in Moscow at yfedorinova@bloomberg.net

To contact the editor responsible for this story: John Viljoen at jviljoen@bloomberg.net

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