LPG duty stayed zero, directly distilled fuel duty roe by 18.9% from July

​The duty collected from the exporters of LPG stayed unchanged in July. The duty for directly distilled gasoline rose by 18.9%, according to the Ministry of Economic Development of Russia.

In July the export of LPG will be held at the current zero duty. Last time the duty was raised in January 2015, from February 2015 it was zeroed. According to the current calculation formula, at the LPG price below $490/ton, the duty zeroes.

This month the preferential duty for oil extracted in the Eastern Siberia, Caspian deposits and Prirazlomny deposit stays zero. Crude oil export will be held at $95.9/ton, which is by 18.9% higher than in June.

The supplies of directly distilled fuel (naphtha) will be held at the duty of $86/tn. In June the duty for naphtha export made up $57.2/ton.

From July 1st the duty for gasoline makes up $58.4/ton against $49.1/ton in June. The $38.3/ton duty will be applied to other light oil products and greasing oils.

Exporters of dark oil products will pay $78.6/ton (in June -$66), coke - $6.2/ton ($5.2).