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Russian oil export duty to fall $1.8 to $62.8 per tonne on Oct 1 – Finance ministry

MOSCOW. Sept 15 (Interfax) – Russia’s oil export duty will fall by $1.8 to $62.8 per tonne on October 1, from $64.6 at present, according to the information posted on the Finance Ministry’s website.

Urals crude averaged $69.03619 per barrel, or $504 per tonne, in the monitoring period August 15-September 14.

The duty on light petroleum products and oils will fall to $18.8 from $19.3 per tonne in October, and that for dark petroleum products to $62.8 from $64.4. The duty on commercial gasoline exports will fall to $18.8 from $19.3, while that for straight-run gasoline or naphtha exports will be $34.5 against $35.5.

The duty on liquefied gas will rise to $88 from $69.9, and on pure LPG fractions it will rise to $70.4 from $55.9.

The duty on coke will be $4 per tonne against $4.1