From December 1st, the export duty on crude oil decreases by 12.4%.
Edited by Rhod Mackenzie / 2014-12-01 07:35:48
According to the RF Ministry of Economic Development from December 1st, the export duty on oil in Russia decreased by $ 39.2 or 12.4% - to $ 277.5 per ton. In November the export duty on crude oil was $ 316.7 per ton.
From December 1st, the preferential rate of duty on crude oil from the Eastern Siberia, the Caspian fields and the Prirazlomnoye deposits is $ 107.3 per ton compared with the prior rate of $ 137.1 per ton.
The duty on high-viscosity oil dropped from $ 31.6 to $ 27.7 in November. In December the duty on a number of light and dark oil products, which is set at 66% of the duty on crude oil, was $ 183.1 per ton, in November it was $ 209 per ton.
