Russia Raises Oil Export Duty To $270.7/Ton from Feb 1

Russia Raises Oil Export Duty To $270.7/Ton from Feb 1
dj
Παρ, 29 Ιανουαρίου 2010 - 19:27
Russia has raised oil export duty to $270.7 a metric ton from Feb. 1 from the current $267/ton, according documents published by Russia's official Rossiyskaya Gazeta newspaper Friday.
Russia has raised oil export duty to $270.7 a metric ton from Feb. 1 from the current $267/ton, according documents published by Russia's official Rossiyskaya Gazeta newspaper Friday.

Duty on light petroleum products will rise to $194.7/ton from the current $192.2/ton, and duty on heavy petroleum products will increase to $104.9/ton from the current $103.5/ton.

Last year, the government moved from a bimonthly to a monthly duty adjustment procedure to respond more swiftly to changes in world oil prices.

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