Russian Oil Export Tariffs Drop by Third in February

Russian Oil Export Tariffs Drop by Third in February

February 2, 2016
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By hellenicshippingnews The current oil export tariff stands at $52 per tonne of oil. Export duty rates for oil from Eastern Siberian, Caspian and the Arctic Prirazlomnoye oilfields was set at zero in February 2015. These zero-rate export duties will stay in place if the average oil price does not exceed $65 per tonne. Oil prices stayed … Read full story ›

Source:: Hellenic shipping news Oil