MOSCOW: Russia’s oil export duty is expected to fall to $80 per tonne in June from $84 per tonne in May, data from the finance ministry showed on Monday. The rate is calculated by the finance ministry and is based on monitoring of seaborne Urals crude oil prices from April 15 until May 14.
Export duty per tonne, in U.S. dollars: June May RICs Average price for 48.21 50.04 calculation (barrel) Average price (tonne) 351.9 365.3 Crude oil 80.0 84.0 Discounted rate * 0.0 0.0 High viscosity crude 12.2 12.9 Light products, middle 24.0 25.2 distillates Gasoline 24.0 25.2 Diesel 24.0 25.2 Naphtha 44.0 46.2 Heavy products 80.0 84.0 Petroleum coke 5.2 5.4 Oil lubricants 24.0 25.2 LPG 0.0 0.0 * The discounted rate for crude produced at newer fields in eastern Siberia, fields operated by Lukoil in the Caspian Sea as well as Gazprom Neft’s Prirazlomnoye offshore Arctic field.
