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Russia May Exempt China Gas From Mineral Extraction Tax, Report Says

Russia will consider exempting gas sent to China from mineral extraction tax, Finance Minister Anton Siluanov said on Thursday in comments cited by the Interfax news agency.

Siluanov said that the issue of tax exemptions, including zero mineral extraction tax, "will be considered from the point of view of the effectiveness of these deliveries", Interfax reported, citing comments made on the sidelines of the St. Petersburg International Economic Forum.

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