Russia reduces customs fees for oil products

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Starting from June 1 prices for gasoline will be reduced from $403.7 down to $377.8 per one ton.

The Government of Russia will reduce customs duties for its oil products from June 1 this year.

As reported by the Russian Government, customs duties for raw oil and separate categories of oil products exported from Russia and Customs Union are specified in the new resolution #503 of May 23, 2012.

Therefore, starting from June 1 this year export fees for light oil will reduce from $296 down to $277, while customs duties for one ton of gasoline will reduce from $403.7 down to $377.8.

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