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

To contact the editor responsible for this story: Balazs Penz at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.