Export duty for Russian oil up
Baku, Azerbaijan, Feb.1
By Leman Zeynalova – Trend:
The export duty for Russian oil has increased by $10.4 to $89.5 on Feb.1 from $79.1 per ton in January, according to the data released by the country’s Ministry of Economic Development.
The export duty for heavy oil has grown from $12 per ton in January to $13.9 per ton from Feb.1.
This is while the duty for export of naphtha from Russia rose from $43.5 to $49.2 per ton, while the export duty for gasoline has increased from $23.7 to $26.8.
The Ministry of Economic Development has said that the export duty for other light oil products and lubricants has increased from $23.7 to $26.8 per ton.
For 2017 as a whole, the Russian energy ministry forecasts oil production at 548-551 million tons, or 11.01-11.07 million barrels per day.
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