Duty hits Gazprom

Russian gas export monopoly Gazprom may lose around 380bn roubles (£8.17bn) in 2009-2010 due to higher than expected custom duties. The state-run gas giant has already asked the government to settle the dispute that could cost the company around 111.7bn roubles this year and 274.4bn roubles in 2010. But it is still unclear if the final decision will be made in favour of Gazprom or the Federal Custom Service.