EconomyRussian cabinet extends option for new refinery upgrade investment deals
The Russian government has approved amendments allowing oil companies that have not previously signed investment agreements to conclude new deals from Jan. 1 through Sept. 30, 2026, for production facilities eligible for an investment premium on the reverse oil excise tax. The commissioning deadline for new agreements is extended to 2033. The changes do not apply to agreements signed before the decree took effect.
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TASS★★★☆☆2026-09-25 16:32Original
Russian cabinet extends option for new refinery upgrade investment deals