New pipelines to solve Russian oil industry's tax problems

Nov 02, 2004 01:00 AM

Putting into operation new pipelines will help solve the tax problems of the oil industry, Arkady Dvorkovich, the head of the Expert Department of the Russian President's Administration, declared at a conference devoted to the effects that the tax system has on the prospects of Russia's oil industry.
A decision concerning the construction of pipelines should be made as soon as possible, he pointed out. In particular, according to him, the Russian government should make a decision on the construction of an oil pipeline to South-East Asia by December this year.

Source: RBC
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