On the first day of the new year in Russia retail gasoline prices may rise. This was reported by sources in oil companies.
Prices for gasoline in Russia will start increasing from January 1 On the first day of the new year in Russia retail gasoline prices may rise. This was reported by sources in oil companies."The increase would be about one ruble per liter," said one of them."It's a way to play the effect of a "tax maneuver," said a second.The "tax maneuver" will be launched next year: for three years export customs duty on crude oil (1.7 times) and petroleum products (in 1,7-5 times) will be gradually reduced and the severance tax rate for oil (1.7 fold) and gas condensate (6.5 times) will be increased. This may cause a rise in prices of petroleum products in the country, TASS notes. In particular, the Ministry of Energy estimates an increase in gasoline prices of about10%.Furthermore, an increase of the excises on petrol and diesel ("Euro-5") is expected.On the first day of the new year in Russia retail gasoline prices may rise. This was reported by sources in oil companies.
"The increase would be about one ruble per liter," said one of them.
"It's a way to play the effect of a "tax maneuver," said a second.
The "tax maneuver" will be launched next year: for three years export customs duty on crude oil (1.7 times) and petroleum products (in 1,7-5 times) will be gradually reduced and the severance tax rate for oil (1.7 fold) and gas condensate (6.5 times) will be increased. This may cause a rise in prices of petroleum products in the country, TASS notes. In particular, the Ministry of Energy estimates an increase in gasoline prices of about10%.
Furthermore, an increase of the excises on petrol and diesel ("Euro-5") is expected.
