Russian crude oil export duty to rise to $14.2/T in March - finance ministry

MOSCOW, Feb 15 (Reuters) - Russia's crude oil export duty is set to rise by 11% to $14.2 a tonne in March from $12.8 a tonne in February, the finance ministry said on Wednesday, following a rise in global oil prices. The level of duty is calculated by the finance ministry and based on monitoring of seaborne Urals crude oil prices. The ministry based the March export duty on prices recorded between Jan. 15 and Feb. 14.

Here are export duties in U.S. dollars per tonne: February RICs March

Average price for calculation 50.51 46.82 (barrel)
Average price (tonne) 368.7 341.8 Crude oil 14.2 12.8 Light products, middle distillates 4.2 3.8 Gasoline 4.2 3.8 Diesel 4.2 3.8 Naphtha 7.8 7.0 Heavy products 14.2 12.8 Petroleum coke 0.9 0.8 Oil lubricants 4.2 3.8 Propane-butane blend 0.0 21.0 LPG clean fractions 0.0 18.9 (Writing by Darya Korsusnskaya; writing by Vladimir Soldatkin)

Reuters

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Russian crude oil export duty to rise to $14.2/T in March - finance ministry

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