Russia to Draft Extra-Heavy Crude Tax Break by July 1, RIA Says

Russia plans to complete proposals to cut export taxes on extra-heavy crude by July 1, RIA Novosti reported late yesterday, citing a government document.

To contact the reporter on this story: Stepan Kravchenko in Moscow at skravchenko@bloomberg.net

To contact the editor responsible for this story: Balazs Penz at bpenz@bloomberg.net

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