Chevron-Led Caspian Pipeline Group Faces $290 Million Russian Tax Claim

(Bloomberg) -- The Chevron Corp.-led Caspian
Pipeline Consortium received a $290 million back-tax claim from
Russian authorities for 2004 and 2005.

The venture is challenging the claim alongside similar
back-tax claims for previous years in the Moscow City Court,
Olesia Kuznetsova, a spokeswoman for the Caspian Pipeline
Consortium, said by phone in Moscow today. The claim was levied
by Russia's Federal Tax Service, she said.


Read more at Bloomberg Energy News