MOSCOW (AFX) – A senior official from the troubled Russian oil giant Yukos has said the Russian government had decided to increase taxes on profits throughout the Russian oil industry. “Someone in the government has decided that this industry has been generating unnecessary profits,” and that those profits therefore had to be re-distributed, Yukos finance…
RUSSIA: Plans to up taxes throughout oil sector Ð Yukos
Posted on November 28, 2003 by EnergyAsia