Russia raises petrochemicals export duties from 1 February

30 January 2013 14:55  [Source: ICIS news]

MOSCOW (ICIS)--The Russian government on Wednesday announced February increases in export duties for petrochemical products.

From next month the duty levied on ethylene, propylene, butylene and butadiene will be increased to $200.30/tonne from $198.70/tonne in January, according to the decree, which was signed by Prime Minister Dmitry Medvedev.

Next month Russia's export duty levied on gasoline and naphtha will amount to $363.00/tonne, up from $356.00/tonne in January, according to the decree.

From 1 February, the duty levied on benzene, xylenes and toluene is set at $266.20/tonne, up from $261.10/tonne in January.

Russia reviews its export duties levied on petrochemical products once a month, largely in accordance with changes of the crude oil export duty.

From 1 February, Russia's export duty levied on crude oil will amount to $403.30/tonne, up from $395.60/tonne in January.

 


By: Sergei Blagov
+44 20 8652 3214



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