The RF Ministry of Finance proposes to zero the oil duty by 2025.

The RF Ministry of Finance considered a further reduction of duties on oil and petroleum products inevitable - it could proceed in stages after 2018, the Director of the Tax Department of the Ministry of Finance Ilya Trunin told "the Vedomosti", and by 2025 the fees could be reset. The Finance Ministry intends to discuss the schedule and parameters in 2018-2019, when the three-year review of the impact of the tax maneuver will be analyzed.

The maneuver made abolition of fees real. After 2018 there is a window of opportunity, Trunin explains: it is easier to cancel 30% duty than 42%, especially with low oil prices. The official does not tell whether MET will increase or not.

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