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Article: Govt. to decide on oil product export duties in July.
- Article from:
- Energy News
- Article date:
- June 25, 2004
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Govt. to decide on oil product export duties in July
MOSCOW. June 25 (Interfax) - The Russian government plans to decide on the size of export duties on oil products at the start of July and these will come into effect at the start of August. Finance Ministry experts forecast that these may be set at 65%-70% of the export duty on oil, which will be calculated according to new scale from August, Alexander Sakovich deputy director of the Finance Ministry's customs payment told Interfax.
Export duties on oil products are currently set at 90% of the export duty on oil, although the legal basis for this connection has been removed. The export duties on oil ...