Russia to cut oil export duty from February
The duty on oil from February 1, 2023 will decrease to 12.8 USD/t.
Moscow, January 17 – IA Neftegaz.RU. From February 1, 2023 export oil tax in Russia will decrease by $3.9 to $12.8/t.
This is stated in the materials on the website of the Ministry of Finance of the Russian Federation.
Duty on oil from February 1, 2023, it will decrease from 16.7 USD/t to 3.9 USD – to 12.8.
The fee was earlier received in January, and immediately for 26.6 US dollars.
And before that, in December, it was increased by $0.6.
In the interest rate cut, the price was $1.7. after $7.6 discount in October.
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from December 15, 2022 to January 14, 2023, the average Urals oil price was $46.82/bbl. (341.8 USD per ton),
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from November 15 to December 14, the price was at the level of USD 57.49/bbl, or USD 419.7/t,
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from October 15 to November 14 – $71.1/bbl, or $519.2/t,
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from September 15 to October 14 – $70.2/bbl, or $512.6/t.
Small fee oil products and fat content up to 3.8 from 5.0 USD/t, for dark ones – up to 12.8 from 16.7 USD.
Duty on the export of merchandise gasoline will drop to 3.8 from $5.
For the export of straight-run gasoline (naphtha) – up to 7.0 from 9.1 USD/t.
On liquefied gas (SPBT – a mixture of propane-butane technical) the tax will be at the level of 21.0 US dollars (in January – 67 US dollars), the tax on the net share of liquefied hydrocarbon gases (LHG) – 18.9 US dollars ( $60.3).
Duty on coke will go down to 0.8 decline of 1 USD/t.
Author: A. Shevchenko