Prime Minister Vladimir Putin has insisted that the seven-year tax concessions regime known as a tax holiday and applying to oil companies operating oil fields in the Russian Far East be extended to companies working at other oil fields, Interfax repotrs.
Companies exploring and developing fields in the Timan Pechora basin and the Yamal peninsula and offshore fields should also be eligible for a tax holiday, Putin told a conference in Ust-Luga.
The premier argued that seven years is a normal length for a tax holiday.