Saturday, July 16, 2011

In the Russian oil export duty will amount to 346.6 dollars per ton

Russian Prime Minister Vladimir Putin signed a government decree of 21 January 2011 approving the rates of export duties on oil exported from the territory of the Russian Federation and the States Parties of the Customs Union, the press service of the Russian government, RBC . The decision comes into force on February 1, 2011 According to the document, the duty rate on crude oil from February 1 amount to 346.6 dollars per ton (from 1 January 2011 it was 317.5 U.S. $ / ton). In this case, the export duty on light oil products (light distillates, middle distillates) will be 232.2 dollars / ton (from January 1, 2011 - 226.2 per ton) for dark (liquid fuels, oils, spent products) - 161.8 USD per ton (from 1 January 2011. - 121.9 U.S. $ / ton). Recall that the export duties on oil products from February 1, 2011 are calculated using the new method, approved by the Government of the Russian Federation of December 27, 2010 According to this document, the coefficients of the calculation of export duty on light oil products in 2011 will account for 0.67 of duty rates on oil in 2012 - 0,64, in 2013 - 0,60. On heavy oil ratio calculation in 2011. will be equal to 0.467 in 2012 - 0.529, in 2013 - 0,60. Thus, by 2013, export duties on light and heavy oil will be equal and amount to 60% duty on crude oil.

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