Russia lawmaker suggests taxing Yamal LNG over challenge to Gazprom

February 3, 2021/in /by Rudolf Huber

Things start to get tight in Russia. Projects there are no paragons of financial transparency so we need to look at what we may confidently assume about such projects in other parts of the world plus spray it all with a dose of “even Russian’s dot have magic to help them” and then you will know that especially in today’s price environment, many projects can barely make ends meet when no taxes are being charged. Put nomal taxation on top and the project might flounder very fast. National pride has a price – let’s find out what it is. https://www.reuters.com/article/russia-gas-yamal-lng-idUSL1N2K821W

(Adds Novatek's comment)

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