Oil export duty to reduce by 5% on June 1, 2013
Edited by Rhod Mackenzie / 2013-05-28 08:17:11
On June 1st, 2013,the crude oil export duty will reduce by 5% - to $359.3 per ton from $378.4 per ton in May 2013, in said in the document of the Ministry for Economic Development containing the results of calculation of the oil export duty rates in June 2013.
On June 1, 2013 preferential export duty will make up $165.5 per ton against $179.8 per ton in May. The preferential high viscosity oil duty approved at the amount of 10% of the oil duty will reduce to $35.9 per ton against $37.8 per ton in May.
