Ministry of Finance: The oil export duty from August 1, 2013. could grow by 2.9% - to 379.8 USD / t

15 July 2013, Monday

The export duty on crude oil from 1 August 2013 can grow to $ 10.6 / t (or 2.9%) - up to 379.8 USD / t 369.2 USD / ton in July 2013 according to preliminary estimates of the formulas established by the federal law on customs tariff regulation, said RBC senior expert of the Ministry of Finance of the Russian Federation Alexander Sakovich.

Thus, according to the Ministry of Finance monitoring, from 15 June to 14 July 2013 the average price on Urals crude was USD 105.05375. / bbl. (U.S. $ 766.9 / t). Thus, the marginal rate of export duty on crude oil could reach U.S. $ 379.8 / t

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