Russia increases export duty on oil by $6.4 per ton

Beginning January 1, the export duty on oil in Russia has increased by $6.4 per ton, rising from $105 to $111.4.

As Interfax reports, citing information from the Ministry of Economic Development, the preferential duty rate on crude oil from Eastern Siberia, the Caspian fields and Prirazlomnoye field will remain at zero, based on a new formula adopted within the framework of a tax maneuver for the oil sector. Beginning January 1, the duty on high-viscosity crude Increased to $17.9 from $16.8 in December, while the rate on trimers and propylene tetramers increased to $7.2 from $6.8.

Also beginning January 1, the duty on light oil products and oil will be $33.4 per ton (in December, it was $31.5), for heavy products - $111.4 per ton (in December, $ 105.0). The duty on the export of marketable gasoline rose to $33.4 per ton (in December, $ 31.5); on straight-run (naphtha), it increased to $61.2 per ton (from $57.7 per ton). The duty on liquefied gas remains at zero, since according to the calculation formula, the duty is reset when an LPG is priced below $490 per ton. The duty on coke rose to $7.2 per ton from $ 6.8.

  Russian oil, Russia