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Crude Export Duty Hike?

By The Moscow Times

Aug. 16, 2010

The government may boost its duty on crude exports by 3.7 percent for regular fields and by 8.3 percent for deposits with a discounted rate next month after prices for its Urals blend rose.

The standard tax rate may increase to $273.50 a metric ton from $263.80 in August, according to Finance Ministry data. The discounted rate for select East Siberian fields may rise to $87 a ton from $80.30.

(Bloomberg)

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