MOSCOW: Russia is planning to impose taxation on U.S. oil and gas major ExxonMobil, Russian Energy Minister, Alexander Novak said in a statement.
Exxon had asked the Russian government to reimburse taxes worth “several billion roubles” it says it overpaid on the Sakhalin-1 project in the Russian Far East.
Moscow’s decision will depend on the Russian Finance Ministry, Novak told media in Moscow.
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