(EnergyAsia, March 20 2013, Wednesday) — The world’s second largest oil producing country is joining the unconventional oil and gas revolution by offering companies tax breaks to develop shale and offshore reserves from next January 1. Anxious about sustaining its own production above 10 million b/d for the rest of the decade amid potential supply…
RUSSIA: Tax breaks for shale, offshore oil to help boost long-term production by two million b/d
Posted on March 20, 2013 by EnergyAsia