Monday, September 19, 2011

Putin signed higher fare of the export task for some oil products

Monday, September 19, 2011

Russian Prime Minister Vladimir Putin on Friday signed a resolution boost export tariffs for simply refined oil products by 1 October.

The resolution cuts crude oil export duty to 60 percent of the average weighted market price, from the current 65 percent.

The document defines also a flat export tariff for dark and light oil products by 66 percent of the crude oil export duty. Export duty on petrol is 90 percent of the crude oil export duty kept, as the Government would like to use it on the domestic market with the fuel.

In the winter, Russia began preparing a new oil industry taxation scheme, hope to increase the depth of the oil refining and investment in oil fields by lowering the tax on oil exports and the increase of oil exports product.

View the original article here

0 коммент.:

Post a Comment