The export duty on Russian oil from June 1, 2016 will increase by 22% and will reach $80,6 per ton, compared to $66 per ton a month earlier, follows from materials of the Ministry of Finance of the Russian Federation.
As pointed out by the Finance Ministry, the average price of Russian export oil Urals, for the monitoring period from 15 April to 14 may 2016 was $41,788 per barrel or $305,1 per ton. Thus, according to the calculations of the Ministry, “the export duty on oil in Russia from 1 June 2016 will rise by $14.6 and $80,6 per tonne,” the report said.
At the same concessional rate of duty on oil for a number of fields in Eastern Siberia, Caspian fields and the Prirazlomnoye field in connection with a new formula, adopted in the framework of the tax maneuver in the oil industry, on February 1, 2015 remains at zero.
The duty on light oil products and oil will amount to us $32.2 per ton, on dark — $66. The export duty on commercial gasoline will rise to $49,1, naphtha (naphtha) — up to $57,2 with to $46.8 per ton. The duty on liquefied gas remains at zero. Duty on coke would increase to $5.2 from $4.2 per ton.
