25 May 2012 10:46

Export duty on Russian crude to fall $28.8 to $419.8/tonne on June 1

MOSCOW. May 25 (Interfax) - The standard export duty on Russian crude oil will fall to $419.8 a tonne on June 1, from $448.6 at present.

The government has now issued a decree on the duty.

The discounted export duty on East Siberian oil and North Caspian oil, currently $232.4 a tonne, will be $210.8 a tonne in June.

The duty on light and dark petroleum products, which was unified at 66% of the duty on crude in October 2011, will be $277 a tonne in June, down from $296 a tonne at present.

The duty on gasoline exports, based on a coefficient of 0.90, will be $377.8 a tonne in June, compared with $403.7 a tonne in May

The duty on liquefied gas, currently $196.6, will be $237.1 a tonne.