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2008 June 30   09:21

Russian oil export duty could exceed $495 per ton from August 1 – Finance Ministry

Russian oil export duty could exceed $495 per ton from August 1, a deputy head of the Finance Ministry customs payment department Alexander Sakovich according to PRIME-TASS.

He said export duties on light oil products could rise to around $345 per metric ton from August 1, and duty on heavy petroleum products could increase to $186 per metric ton.

Final calculations are to be made on Tuesday.

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