Calculation of LHG duty equally to light oil products illogical
Edited by Rhod Mackenzie / 2013-10-17 04:58:46
Oil and Gas Refining Russia Petrochemicals Kazakhstan Oil and Gas Russia Oil and Gas Bashneft Novatek Oil Production and Refining Tatneft
Returning to the calculation of LHG duty equally to light oil products is illogical, the director of the informational and analytical center Rupec A. Kostin says. Today LHG duty is set on the basis of price monitoring at the main sales market and is not anyhow bound to petrol rate.
They restarted discussion of LHG export duties at the oil chemical session in Tobolsk headed by V. Putin. They marked out again the discrepancies between the representatives of oil chemical companies of Tatarstan and Bashkortostan, the LHG consumers, and the producers, such as Novatek, Sibur, Gazprom and Rosneft, that produce them, use at their oil chemical capacities and export not in demand fuel..
