The Finance Ministry proposes to abolish export duties on oil as early as 2018.

The Finance Ministry proposes government radical version of " tax evasion" in the oil industry , which can lead to complete failure of the export duty as early as 2018 . According to the Ministry , on the background of the creation of the Eurasian Union , Russia should quickly reduce losses from maintaining export duty . Instead should be twice increased MET , and the effect of rising oil prices , Russia plans to weaken the reduction of excise duties and subsidies for certain types of oil . Finance Ministry proposes to boost the reduction of export duties on oil , light oil , and oil, reducing the corresponding rates more than doubled in 2016 .