RUSSIA'S STABLE OUTLOOK
According to OGE, Russia's oil and gas companies will continue to benefit from the weak rouble while avoiding a major tax hike in 2017, according to a new special report by Fitch Ratings.
This will help the companies to balance cash inflows and outflows amid low oil prices, leading Fitch to revise the sector outlook to stable from negative.
"Based on Russia's preliminary budget, we expect that in 2017 the tax burden on the sector…
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