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2010 October 28   07:45

Russia hikes crude export duty from November 1st

Export duty on Russian crude oil will be increased to $290.6 a ton for Eastern Siberia – to $98.8 a ton from November 1, 2010. Russian Prime Minister Vladimir Putin inked the appropriate resolution (October 26, N858). The text of the document was published today in Rossiyskaya Gazeta.

Export duties on light oil products will increase from next month to $ 208.1 per mt, on dark oil products - up to $ 112.1 mt. Export duty on propane, butane, ethylene, propylene, butylene and butadiene, other liquefied gases will be at $ 116.4 per mt. Zero export taxes were set to calcined petroleum coke.

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