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Volgotanker Forced to Deal With Rosneft

Russian shipping firm Volgotanker has signed a shipping deal

Volgotanker Forced to Deal With Rosneft

Russian shipping firm Volgotanker has signed a shipping deal with state-run oil company Rosneft, which has taken Yukos? stand.

The shipper's deal with Rosneft may have a positive effect on ending Volgotanker's own tax disputes with the authorities, an analyst with the investment company Finam Maria Radina believes.

Now Volgotanker is appealing a bill for 715 million rubles ($26 million) in back taxes and tax penalties for 2001.
Signing a deal with Rosneft was a forced decision. Still, Volgotanker has always tried to "distance itself from the Yukos affair."

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