Russia raises petrochemical export duties from 1 October

19 September 2013 15:22  [Source: ICIS news]

MOSCOW (ICIS)--The Russian government announced on Thursday that export duties applicable to petrochemical products and crude oil would increase next month.

From 1 October, the duty levied on benzene, xylenes and toluene is set at $274.80/tonne (€206.10/tonne), up from $264.40/tonne in September, according to the Russian Economic Development Ministry.

Next month, Russia's export duty levied on gasoline and naphtha will amount to $374.70/tonne, up from $360.60/tonne in September.

Russia reviews its export duties levied on petrochemical products on a monthly basis in accordance with changes in crude oil export duty.

From 1 October, Russia's export duty levied on crude oil will amount to $416.40/tonne, up from $400.70/tonne in September.

($1 = €0.75)


By: Sergei Blagov
+44 20 8652 3214



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