Russia targets extra profits of energy firms ...News

Russia Today - Economy
Russia targets extra profits of energy firms
LNG exporters will face a 34% tax, while Gazprom will have to pay nearly $30 billion to the state budget Russian President Vladimir Putin signed a law on Monday which will raise taxes on the country’s energy industry in 2023-2025. Russian oil and gas firms reported record profits this year despite sanctions. The profit tax for liquefied natural gas (LNG) exporters has been raised to 34%. The higher levy concerns LNG producers that exported at least one shipment by the end of 2022. According to the document, energy giant Gazprom will owe an additional 1.8 trillion rubles ($29.6 billion) to the state budget in 2023-

Hence then, the article about russia targets extra profits of energy firms was published today ( ) and is available on Russia Today ( News ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Russia targets extra profits of energy firms )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in Economy


Latest News