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Russia, China to Have Preferential Tax Regimes for Gas Supplies

© RIA Novosti . Sergey Guneev / Go to the mediabankRussia, China to Have Preferential Tax Regimes for Gas Supplies
Russia, China to Have Preferential Tax Regimes for Gas Supplies - Sputnik International
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The long-term gas supply deal signed between Russia and China Wednesday envisages preferential tax regimes, Gazprom CEO Alexei Miller has said.

MOSCOW, May 21 (RIA Novosti) – The long-term gas supply deal signed between Russia and China Wednesday envisages preferential tax regimes, Gazprom CEO Alexei Miller has said.

“The sides have foreseen providing preferential tax regimes,” Miller told journalists without giving further details.

Earlier today, Russia’s gas major Gazprom and the China National Petroleum Corporation (CNPC) signed a contract of purchase and sale of natural gas deliveries through eastern route, a RIA Novosti correspondent said.

Russia earlier suggested nullifying the extraction tax for gas fields delivering fuel to China, while Chinese officials expressed their readiness to cancel import taxes on gas from Russia, Rosneft CEO Igor Sechin said Tuesday.

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