Average mineral extraction tax rate for oil in Russia 2014-2018

The average tax on mineral extraction of crude oil in Russia amounted to approximately 12.4 thousand Russian rubles per metric ton in 2018, which was over four thousand Russian rubles higher than in the previous year. By 2024, it was forecasted to exceed 17 thousand Russian rubles.

Average mineral extraction tax (MET) rate for crude oil for oil and gas companies in Russia from 2014 to 2018

MET in Russian rubles per metric ton
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Source

Release date

June 2019

Region

Russia

Survey time period

2014 to 2018

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