Russian President has called for tax intermissions to be prolonged to more gas deposits that produce the Novatek-controlled liquefied natural gas program in the Yamal peninsula and it should also cover the neighboring Gydan peninsula. The tax stimulants currently pleasured by the Yamal LNG project contain discharge from the mineral extraction tax and zero export duty from the Yamal gas fields. The tax breaks are valid for 12 years or until the accretive output hits 250bn cubic meters of gas and 20m tons of gas condensate.
