Deposits of the Black Sea and Sea of Okhotsk provide tax holidays.

Russian Ministry of Finance plans to introduce tax holidays for oil and gas fields in the Okhotsk and the Black Seas. About Interfax reports with reference to the statement by the Deputy Minister of Finance Sergey Shatalov.
Shatalov recalled that in 2008 had already been approved by the imposition of tax holidays in the development of deposits on the shelf, the Yamal and in the Timan-Pechersky basin. The proposal for this was done in mid-May, Prime Minister Vladimir Putin, and later approved by the State Duma, the Federation Council and the President.
In addition, as a further measure to reduce the tax burden on oil and gas industry, the Government since late 2008, began to reduce export duties on oil. In particular, from 1 February this year, the fee rate was reduced to 100.9 dollars per ton. In March, due to rising oil prices on world markets, the fee rose to 115.3 dollars, and from 1 April - again down to 110 dollars per tonne.
In August last year, Minister of Finance of Russia Alexey Kudrin said that Russia's budget revenues from oil and gas sector will decrease to almost triple in 2023 - from 8.8 percent of GDP in 2007 to 3.1 percent of GDP in 2023. This happens because of the massive withdrawal of deposits from the old operation and increasing the exemption limit in calculating the tax rate on the extraction of minerals (NDPI) of oil, which from 2009 will increase from 9 to 15 dollars per barrel of oil.