Tuesday, April 10, 2012

High export duties for gasoline, naphtha to stay in Russia

The Russian government has no plans to change the export duty on crude oil and products, including high export duties for gasoline and naphtha, Prime news agency reported, as per Platts. In May 2011, the government introduced export duties for gasoline and naphtha at 90% of that for Urals to limit export of the products and resolve fuel shortages on the domestic market.

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