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Russia to increase oil export duties from next month

Oil&Gas Materials 17 October 2016 17:04 (UTC +04:00)
The oil export duties in Russia will increase from $91.9 to $92.7 per ton from November 1.
Russia to increase oil export duties from next month

Baku, Azerbaijan, Oct.17

By Leman Zeynalova – Trend:

The oil export duties in Russia will increase from $91.9 to $92.7 per ton from November 1, RIA Novosti reported citing the calculations of the country’s Finance Ministry.

The average price for Urals stood at $45.73 per barrel, or $333.8 per ton during the period of monitoring from Sept.15 till Oct.14, according to the website of the Ministry of Finance of Russia.

The duties on high-viscosity oil will rise from $11.1 to $11.2, light oil products and oils - from $36.7 to $37 per ton, dark oil products – from $75.3 to $76.

This is while the duties on the export of marketable gasoline in Russia will increase from $56 to $56.5, naphta export – from $65.2 to $65.8 per ton.

The duties on coke export will rise from $5.9 to $6 per ton in this country.

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