Sunday, 04 Apr 2010
Itar-Tass reported that Russia will increase oil export duties from USD 253.6 per tonne to USD 268.9 per tonne recently.
Mr Vladimir Putin Prime Minister of Russia signed the relevant decree.
Export duties for light petroleum products will grow from USD 183.2 per tonne to USD 193.5 per tonne and for dark petroleum products from USD 98.7 per tonne to USD 104.2 per tonne. At the same time a zero duty for oil exports from 22 fields in Eastern Siberia will remain unchanged in April.
The government introduced a zero export duty on December 1st 2009.
Mr Sergei Shmatko Energy Minister said this mechanism should be applied for the whole period of intensive exploration of the region. However, he did not rule out an opportunity for imposing duties for oil export from certain fields in Eastern Siberia. The Finance Ministry also insists on this measure.
Earlier, Mr Alexei Kudrin Finance Minister said the Ministry continues to study expediency of extending zero duties for these fields.
The Ministry s actively studying economic efficiency of these fields, he said stressing that zero duties will be scrapped at those fields that can turn profit-making and competitive even without them.
(Sourced from Itar-Tass)
(Sourced from Rusmet.ru)
Itar-Tass reported that Russia will increase oil export duties from USD 253.6 per tonne to USD 268.9 per tonne recently.
Mr Vladimir Putin Prime Minister of Russia signed the relevant decree.
Export duties for light petroleum products will grow from USD 183.2 per tonne to USD 193.5 per tonne and for dark petroleum products from USD 98.7 per tonne to USD 104.2 per tonne. At the same time a zero duty for oil exports from 22 fields in Eastern Siberia will remain unchanged in April.
The government introduced a zero export duty on December 1st 2009.
Mr Sergei Shmatko Energy Minister said this mechanism should be applied for the whole period of intensive exploration of the region. However, he did not rule out an opportunity for imposing duties for oil export from certain fields in Eastern Siberia. The Finance Ministry also insists on this measure.
Earlier, Mr Alexei Kudrin Finance Minister said the Ministry continues to study expediency of extending zero duties for these fields.
The Ministry s actively studying economic efficiency of these fields, he said stressing that zero duties will be scrapped at those fields that can turn profit-making and competitive even without them.
(Sourced from Itar-Tass)
(Sourced from Rusmet.ru)
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