Page 1 - FSUOGM Week 32
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Issue 1088             12•August•2020                      Week 32






                    ™     ™Russian tax proposals


                            Russia's finance ministry has proposed sweeping changes to a trial profit-
                            based tax system, which it claims cost the budget $2.9bn.


                    ™     ™US ups pressure on Germany


                            US Senators have threatened a German port with sanctions if it continues to
                            assist the Nord Stream 2 project.

                    ™     ™Uzbek GTL progress


                            Uzbekistan is making progress at its gas-to-liquids project, but the
                            coronavirus and other factors could cause delays.

                    ™     ™Rosneft's new joint project


                            Rosneft has secured clearance to transfer some subsoil blocks to a subsidiary
                            expected to serve as a new joint venture with Norway's Equinor.
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