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Russia increases export oil duty to $222 per tonne August 1

Starting August 1 the export crude oil duty in will be raised from $212.6 to  $222 per 1 tonne. A relevant resolution has been signed by Prime Minister Vladimir Putin of Russia.

Duties on light oil products will be increased from $155.5 to $161.9 per tonne. Duties on dark petroleum products will be raised from $83.8 to $87.2 per tonne. 

Following the increase in export oil duty in Russia, the duty on Russian oil supplied in Belarus will be upped from $75.69 to $79.03 per tonne. 

In conformance with the Belarusian-Russian agreements, in 2009 the oil duty for Belarus  is calculated under the coefficient of 0,356 of the Russian duty.

www.belta.by

 

 




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