Russia to raise oil export duty from $110 to $137.7 per ton

MOSCOW. April 29. KAZINFORM The Russian government announced on Wednesday the raising of oil export duty from the current $110 to $137.7 per metric ton from May 1, Kazinform refers to RIA Novosti.
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The figure was calculated proceeding from the average price of Russia's Urals blend at $47.8845 per barrel in the period of March 15 - April 14. As of May 1, the duty on light petroleum products will rise to $105.1 per metric ton from the current $86.4 per ton and on heavy petroleum products to $56.6 per ton from the current $46.5 per ton, Kazinform cites RIA Novosti. See www.en.rian.ru for full version.
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