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Russia to lower levy on crude exports to 161 dollars a tonne: report




AFP
MOSCOW
Petroleumworld.com 01 11 06

Russia is to lower its levy on oil exports to 160.8 dollars a tonne from February 1, financial news agency Prime-Tass reported the foreign trade commission as saying.

The levy, which currently stands at 179.6 dollars a tonne, is reviewed every two months in line with the average price of a barrel of Ural, the Russian crude oil benchmark.
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The export tax on petrol and liquefied gas would be set at 120.6 dollars a tonne from February 1, while that on heating oil would be set at 65 dollars a tonne, Prime-Tass said.

AFP 01/10/06

Copyright © 2006 AFP. All rights reserved

 

 


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