Russia to raise export duties on aromatics, crude and refined products

19 July 2013 15:26  [Source: ICIS news]

MOSCOW (ICIS)--Export duties applicable to crude oil, refined products and aromatics will increase next month, the Russian government said on Friday.

From 1 August, the duty levied on benzene, toluene and xylenes is set at $250.60/tonne, up from $243.60/tonne in July, the Russian Economic Development Ministry said.

Next month Russia's export duty levied on gasoline and naphtha will amount to $341.80/tonne, up from $332.20/tonne in July.

Russia reviews the export duties levied on petrochemicals on a monthly basis in line with changes in its crude oil export duty.

The export duty Russia will levy on crude oil will be $379.80/tonne from 1 August, up from $369.20/tonne in July.

By: Sergei Blagov
+44 20 8652 3214

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