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Russian Government Increases Export Duties for Oil Products

Posted on: Tuesday, 27 September 2005, 09:00 CDT

Text of report by Russian news agency ITAR-TASS

Moscow, 27 September: The chairman of the Russian government, Mikhail Fradkov, has signed a resolution increasing export duties for light oil products to 133.5 dollar a tonne and for dark oil products - to 71.9 dollars a tonne. The document was signed yesterday, the government press service reported today.

Since 27 August 2005, export duties for light oil products have been 106.6 dollars a tonne and for dark oil products - 57.4 dollars a tonne, Prime-Tass reports.

The resolution goes into force one month after its official publication day.

The new export duties have been set on the basis of monitoring conducted in July and August 2005 and will go into force in the last 10 days of December.

Classified as dark oil products are fuel oil, oils, used oil products, liquid fuels, coke, bitumen, petrolatum, and paraffin, and as light oil products - benzene, toluene, xylene, propane, butanes, ethylene, propylene, butylene and butadiene, other liquefied gases, light-weight and medium-weight distillates and their products, and gas oils.


Source: BBC Monitoring Former Soviet Union

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