The Ministry of Finance: export duty on oil in Russia from January 1, will decrease by 17% to us $73.3 per tonne

The Ministry of Finance: export duty on oil in Russia from January 1, will decrease by 17% to us $73.3 per tonne


MOSCOW, December 15. The export duty on oil in Russia from 1 January 2016 will be reduced by 17% to us $73.3 per tonne against $88,4 per ton a month earlier.

See also

Oil exports from Russia has grown for 11 months at 8.5% to 222,8 million tons

As reported the leading expert of Department of tax and customs tariff policy of the Ministry of Finance Alexander Sakovich, the average price of Urals crude over the monitoring period from 15 November to 14 December 2015 inclusive $39,40619 per barrel, or $287,7 per ton. For comparison, a month earlier the average price was $44,32886 per barrel, or $323,6 per ton.

Preferential export duty on oil for a number of fields in Eastern Siberia, Caspian fields and the Prirazlomnoye field is zero.

Preferential export duty on high viscosity oil next month will be $8,7 against a $10.9 in November.

Duty on naphtha (straight run gasoline) is $52, on commercial gasoline – $44,7, light oil and lubricating oil – $29,3, on dark oil products (without oil and coke) – $60,1, for coke is $4.7.

The duty on liquefied petroleum gas (LPG) will be zero.