Differences Over Vankor Duty Expose Deeper Rifts

The Finance Ministry and a top energy official clashed openly in front of Prime Minister Vladimir Putin over oil field tax breaks, highlighting policy fault lines before 2012 presidential polls. During a meeting of the Russian Union of Industrialists and Entrepreneurs at government headquarters, Putin asked whether the major Vankor oil field, controlled by state-owned Rosneft company, would be stripped of a beneficial tax regime. Deputy Finance […]