Bema Gold Corp fka BGO

[NYBob]

Russia Investigates Lukoil Taxes -



Lukoil HQ in Moscow -



Lukoil owns more than 400 licences to develop Russian oilfields
Russian authorities have demanded information on 398 licences held in the country by oil firm Lukoil -

http://news.bbc.co.uk/2/hi/business/6057076.stm

Control battle?

However, Russian officials deny they are singling out any
one firm.
According to reports Yukos and TNK-BP have received
similar warnings.

"We have requested the information on how Lukoil paid
subsoil use and mineral resource taxes on
these licences," environment ministry spokesman,
Nikolai Gudkov, said.

"The logic is if the taxes are not paid or delayed,
it means that there are problems with
fulfilling licensing agreements."

But, while analysts claim the move could be an attempt
to regain control of the projects, the demands are
unlikely to lead to the same kind of battle that
eventually led to the collapse of Yukos -

http://www.investorshub.com/boards/board.asp?board_id=6399