VOL. XLVI
No 19
12-May-2003
CASPIAN
Azerbaijans Tax Ministry Wants $250Mn From Lukoil For ACG Sale
Despite earlier reports that Azerbaijan and Russias Lukoil had resolved a dispute pertaining to taxes due on the sale of Lukoils 10% share in the Azerbaijan International Operating Company (AIOC), the tax ministry in Baku says that Lukoil remains liable to pay some $250mn in taxes for selling its stake in the offshore Azeri-Chirag-Guneshli (ACG) oilfield to Japans Inpex (MEES, 5 May). Last month...
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