Russian export duty rates on oil products 2019-2024

Russian export duty rate on oil products under the tax maneuver* from 2019 to 2024, by product

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Release date

May 2019

Region

Russia

Survey time period

as of May 2019

Supplementary notes

* As a percentage of crude oil export duty.

The source added the following information:
The tax maneuver "provides for a gradual reduction in export duty on oil (and oil products) within six years. In order to compensate for the shortfall in government revenues, the MET [mineral extraction tax] rate is raised correspondingly for oil and gas condensate. The export duty on crude oil will be equal to zero from 2024" (pages 588, 594).

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