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Russia to raise oil export duty to record $495.9/ton from August

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phantom power Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-22-08 02:31 PM
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Russia to raise oil export duty to record $495.9/ton from August
MOSCOW, July 22 (RIA Novosti) - Russia's government has approved a rise in Russian oil export duty of $97.8 to a record $495.9 per metric ton as of August 1, the government press service said on Tuesday.

Export duties on light oil products will rise to $346.4 per ton from August 1, 2008, from the current $280.5, and duty on heavy petroleum products will grow to $186.6 per ton from $151.1.

http://en.rian.ru/business/20080722/114658329.html
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