The export duty on oil in Russia will increase by $5.8 to $49.6 per tonne starting from March 1, 2020

208
1
AK&M 17 February 2021 11:54

The export duty on oil in Russia will increase by $5.8 to $49.6 per tonne starting from March 1, 2020, Russia's Ministry of Finance informed.

The export duty will increase to $14.8 from $13.1 per tonne for light petroleum products and oils, to $49.6 from $43.8 per tonne for dark petroleum products, to $14.8 for commercial gasoline, $27.2 from $24 per tonne for straight-run gasoline.

The export duty on LNG (liquefied industrial propane-butane) and pure LHG fractions will remain equal to 0. The export duty on coke will amount to $3.2 5 per tonne.

The export duty on oil is currently equal to $43.8 per tonne.

From January 15 to February 14, 2021, the average price of Urals was $56.99595 per barrel, or $416.1 per tonne.