Global Trade Alert
Global Trade Alert

Russian Federation: Export tax preferences for super-viscous oil and oil extracted from certain locations

Announcement

03 Dec 2012

On 3 December 2012, the Russian Government announced it will calculate export duties on super-viscous petroleum and petroleum extracted from certain locations using a special formula, leading to the reduced duty. 

Starting 1 January 2021, the preferences for super-viscous petroleum extraction were terminated. 

Source

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

01 Mar 2013

Revocation date:

31 Dec 2020

Updated: 03 Dec 2012
Export tax
<p>On 3 December 2012, the Russian Government amended its law on customs duties to introduce a special (reduced) export duty on crude petroleum:&nbsp;</p> <ul> <li>which ...
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