Oil export duty to increase by 9.1%

From January 1 2014, Russia increases oil export duty to by 9.1% to $394.8 per ton, under the average price of monitoring and tax maneuver suggested for 2014. Superviscous oil duty increased from $38.5 acting from December 1 to $39.4. The duty for dark and light oil products is unified at a rate of $260.5 compared to $254.5 now. Petrol duty increases to $355.3 from $347.1. LNG duty reduces from $203.5 to $196.5.

Translated by Nadezhda Poltoratskaya

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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