A record of the Russian Federation to raise duties on oil exports
The duty on oil exports from the Russian Federation to the June 1, 2005 may rise to a new record of 130-133 dollars per ton. This forecast was voiced on Tuesday, April 19, deputy chief of the customs duties of the Ministry of Finance of Russia Alexander Sakovich. Since April 1, the Russian government raised export duty on crude oil to a record high of 102.6 dollars per ton. During the previous two months - from February 1, 2005 - acted fee of 83 per tonne, before that - with the December 1, 2004 - at the level of 101 dollars per ton.
The duty on oil exports from Russia is recalculated every two months by the formula on the basis of a two-month monitoring of prices for Russian oil on the world markets. Duty, installed on June 1, will be determined on the basis of monitoring of prices of Russian oil for March-April 2005. According to Alexander Sakovich, the average price of Russian oil through the monitoring results from 1 March to 18 April was 47.51 dollars per barrel, and if the fee is fixed by now, then today it would have been exactly 136 dollars per ton. However, in view of what happened the fall in oil prices, it is about ten days has remained stable at around 45 dollars a barrel.
If steadfastly continued throughout the decade the price of $ 45 per barrel keeps (end of April), the rate of duty will be about $ 133 per ton, - said Sakovitch. On the other hand, he said that the duty on 1 June was below $ 130 per tonne, it is necessary that the average price for the remaining trading days of April fell to 41.5 dollars per barrel, which is doubtful. In case of the export duties on oil at 130-133 dollars per ton, the new rate of duty on light oil products will be about $ 100 per ton, on dark petroleum products (fuel oil, petroleum coke, bitumen, lubricating oils, waxes) - about $ 54 per ton, Sakovich said, noting that the new duties on petroleum products will take effect one month after the publication of the relevant government regulations, most likely - in the third week of June. Ukraine does not share the steps Russia Earlier Prime Minister Yulia Tymoshenko of Ukraine painful for improving Russia on April 1, the export duty on crude oil by 23.6% to 102.6 dollars per ton.
We certainly can not share such steps Russia. New government in Ukraine is committed to partnering clear and balanced steps. Such a move (Russia), in my opinion, is painful for Ukraine, - said the Prime Minister.
Tymoshenko said that the Cabinet intends to meet with the leaders of Ukrainian oil refineries in order to discuss what steps should be taken to stabilize the market prices of oil products in Ukraine. Gritsenko predicts revenge told the Russian newspaper Kommersant a source who attended the closed-door meeting with Defense Minister Anatoly Gritsenko and leading experts in Washington in the CIS, Gritsenko said that Russia certainly raise energy prices for Ukraine, which will be the reaction of Kremlin talks Viktor Yushchenko in the United States.
