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. Last Updated: 07/27/2016

Energos' Tax Awaited

MOSCOW -- The Tax Ministry expects 35 oil trading firms, threatened by loss of export rights for tax arrears, will pay 1 billion rubles ($38 million) to clear the dues by the end of November, an official said Wednesday.

"By the end of the month, we should receive this billion [rubles in tax arrears]," Aslambek Paskachev, head of the ministry's department of economic analysis and tax planning, said at a news conference.

The ministry said Friday it wanted to bar oil exports by 35 debtors, which it did not name. But Paskachev said Wednesday that they were all traders, not producers. Paskachev said a special interdepartmental commission would meet Friday to discuss whether to take the measure against these companies.