The export duty on oil and oil products is revised every two months based on monitoring of prices for Russian Urals blend on world markets.
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Russia Export Duties to Increase
The export duty on oil in Russia is to increase from $200.6 to $223.9 per tonne from August 1
The export duty on oil in Russia is to increase from $200.6 to $223.9 per tonne from August 1.
Russian Prime Minister Mikhail Fradkov signed the corresponding resolution on July 14.
The export duty on light oil products and liquefied hydrocarbon gas amounts to $163.2 per tonne from August 1, and on dark products - $87.9 per tonne, up from $147.5 and $79.4 respectively.
The export duty on oil and oil products is revised every two months based on monitoring of prices for Russian Urals blend on world markets.
The export duty on oil and oil products is revised every two months based on monitoring of prices for Russian Urals blend on world markets.
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