Russian crude oil export duty up slightly in Apr/Mar to $14.3/T - finance ministry

Kitco Media
By Reuters
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Reuters
MOSCOW, March 15 (Reuters) - Russia's crude oil export duty is set to slightly increase in April to $14.3 a tonne, 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 April export duty on prices recorded between Feb. 15 and Mar. 14.


Here are export duties in U.S. dollars per tonne: April March RICs Average price for calculation 50.80 50.51 (barrel)
Average price (tonne) 370.9 368.7 Crude oil 14.3 14.2 Light products, middle distillates 4.2 4.2 Gasoline 4.2 4.2 Diesel 4.2 4.2 Naphtha 7.8 7.8 Heavy products 14.3 14.2 Petroleum coke 0.9 0.9 Oil lubricants 4.2 4.2 Propane-butane blend 0.0 0.0 LPG clean fractions 0.0 0.0 (Reporting by Reuters; Editing by Sharon Singleton)

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