Global Trade Alert
Global Trade Alert

Russia: Changes to export duties on oil and certain petroleum products (January 2024 - May 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 31 May 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:

31 May 2026

Updated: 27 Apr 2026
Export tax In force

Recent update from 23 Apr 2026:

On 23 April 2026, the Ministry of Economic Development of Russia extended zero export duties on oil and petroleum products until 31 May 2026.

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