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Russia raises oil export tax

by Eric Watkins, originally published by Oil & Gas Journal  | Mar 31, 2005

LOS ANGELES, Mar. 29 -- The Russian government plans to increase its oil export duty to a record $102.60/tonne starting April 1st. The duty has been $83/tonne since February 1st.

During December 2004 and January, the duty was $101/tonne, the previous highest level. Russia's oil export duty is reconsidered every 2 months.

Tags:  
Energy Policy
Fossil Fuels
About Eric Watkins:  

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