Oil export duty in Russia to rise by $14.6 to $80.6/ton from June 1st

​The oil export duty in Russia from June 1st 2016 will rise for the 3rd month straight – by $14.6 or 22% and will make up $80.6/ton against $66/ton a month earlier, the Ministry of Finance reports.

The average Urals price for the period of monitoring on April 15th- May 14th 2016 made up $41.788/barrels or $305.1/ton.

According to the Ministry of Finance, the preferential oil duty for a number of deposits of Eastern Siberia, Caspian deposits and Prirazlomny deposit from February 1st 2015 stays zero.

The preferential duty for superviscous oil will grow to $9.6 from $7.7 in April.

The duty for light oil products and oil will make up $32.2/ton, for dark - $66. The export duty for saleable gasoline will rise to $49.1 from $40.2, directly distilled fuel (naphtha)- to $57.2 from $46.8.

The duty for LNG stays zero. The duty for coke will grow to $5.2 from $4.2/ton.

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