Russian Govt cuts export duty on Eastern Siberia oil to $69.9/ton
Russian Government by its Decree N472 dated June 26th established a reduced rate on the exported crude oil from the fields in Eastern Siberia in the amount of $69.9 per ton effective from July 1st. Export customs duty on crude from other fields will be at $248.8 / ton.
The duty on light oil products was cut from $209.1 to $179.9 a ton, on dark ones - from $112.7 to $96.9 / ton.
The duty on light oil products was cut from $209.1 to $179.9 a ton, on dark ones - from $112.7 to $96.9 / ton.