28 May 2010 10:40

Oil export duty to rise to $292.1 per tonne on June 1

MOSCOW. May 28 (Interfax) - Russia will raise the export duty on crude oil to $292.1 per tonne effective June 1 under a resolution signed by Prime Minister Vladimir Putin on May 26, the government said on its web site.

The export duty is currently $284 per tonne.

The duty will rise to $209.1 per tonne from $203.7 on light oil products and to $112.7 from $109.7 for heavy products.

The duty for oil from 22 fields in Eastern Siberia will stay at zero.

The export duty on liquefied hydrocarbon gas will decline to $27.3 per tonne from $53.