Global Trade Alert
Global Trade Alert

Russia: Changes to export duties on oil and certain petroleum products (January 2024 - June 2026)

Announcement

18 Dec 2023

In December 2023, the Russian government announced changes to export duties on certain petroleum products for January 2024. In January 2024, export duties on liquefied hydrocarbon gases and ethane, butane, and isobutane were increased. For other petroleum products, zero duties were extended multiple times, remaining valid until 30 June 2026.

Source

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

01 Jan 2024

Revocation date:

30 Jun 2026

Prolonged: 01 Jun 2026
Export tax In force

Recent update from 27 May 2026:

On 27 May 2026, the Ministry of Economic Development of Russia extended zero export duties on oil and petroleum products until 30 June 2026.

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Related State Acts

Announced: 27 May 2026

Russia: Export duty reductions on liquefied hydrocarbon gases and ethane, butane, and isobutane (June 2026)

Announced: 23 Apr 2026

Russia: Increase in export duties on liquefied hydrocarbon gases and ethane, butane, and isobutane (May 2026)

Announced: 27 Mar 2026

Russia: Increase in export duties on certain petroleum products (April 2026)

End prolongation: 31 Mar 2026

Russia: Government zeroed export duties on certain petroleum products (June 2025 - March 2026)

Announced: 18 Apr 2025

Russia: Decrease in export duties on certain petroleum products (May 2025)

Announced: 19 Mar 2025

Russia: Increase in export duties on certain petroleum products (April 2025)

Announced: 21 Feb 2025

Russia: Increase in export duties on certain petroleum products (March 2025)

Announced: 24 Jan 2025

Russia: Changes to export duties on certain petroleum products (February 2025)

Announced: 27 Dec 2024

Russia: Changes to export duties on certain petroleum products (January 2025)

Announced: 21 Nov 2024

Russia: Changes to export duties on certain petroleum products (December 2024)

Announced: 25 Oct 2024

Russia: Changes to export duties on certain petroleum products (November 2024)

Announced: 23 Sep 2024

Russia: Changes to export duties on certain petroleum products (October 2024)

End prolongation: 31 Aug 2024

Russia: Changes to export duties on oil and certain petroleum products (February 2024)

Announced: 16 Nov 2023

Russia: Changes to export duties on oil and certain petroleum products (December 2023)

Threads

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Liberalising Trade Policy Measures

This Thread tracks liberalising trade policy interventions affecting all products. Covering all types of interventions monitored by Global Trade Alert, it highlights how the yearly number of these measures has evolved over time.

Published: 04 Sep 2024

14468

interventions

186

jurisdictions