Russia’s oil export duty seen up to $131.8/T in June
Russia’s oil export duty is expected to rise to $131.8 per tonne in June from $118.5 per tonne in May amid higher oil prices, data from the finance ministry showed.
The rate is calculated by the finance ministry and is based on the monitoring of seaborne Urals crude oil prices from April 15 to May 14.
Export duty per tonne, in U.S. dollars: June May RICs Average price for 71.88 65.80 URL-NWE-E calculation (barrel) URL-E Average price (tonne) 524.7 480.3 URL-NWE-E URL-E Crude oil 131.8 118.5 CL-EXPDTY-RU Discounted rate * 0.0 0.0 DCL-EXPDTY-RU High viscosity crude 21.7 19.2 HVCL-EXPDTY-RU Light products, middle 39.5 35.5 PROD-EXPDTY-RU distillates Gasoline 39.5 35.5 MOG-EXPDTY-RU Diesel 39.5 35.5 DL-EXPDTY-RU Naphtha 72.4 65.1 NPTH-EXPDTY-RU Heavy products 131.8 118.5 FO-EXPDTY-RU Petroleum coke 8.5 7.7 PETC-EXPDTY-RU Oil lubricants 39.5 35.5 MOIL-EXPDTY-RU LPG 0.0 0.0 LPG-EXPDTY-RU BUT-EXPDTY-RU * The discounted rate for crude produced at newer fields in eastern Siberia, fields operated by Lukoil in the Caspian Sea as well as Gazprom Neft's Prirazlomnoye offshore Arctic field
Source: Reuters (Reporting by Darya Korsunskaya; writing by Katya Golubkova; editing by Maria Kiselyova)