The export duty on oil will be $115.3 per tonne starting March 1, 2009, RBC learned from deputy head of the Russian Finance Ministry’s customs payments department, For full story, click here
An export duty on oil of $192.1 per tonne will become effective in Russia from December 1, 2008. For full story, click here
Reliance Industries’ (RIL) plans to sell petrol and diesel from its export-oriented refinery at Jamnagar, Gujarat, in the local market through its 1,600-odd petrol pumps may face some trouble. For full story, click here
Vietnam will cut imports of petroleum products by about 3 million metric tons next year as it seeks to curb the widening trade deficit. For full story, click here
As a concession in the Free Trade Agreement with Asean, India is open to bind zero duty for crude oil imports from Brunei. An official was quoted as saying: We have agreed to phase out duties on crude oil over a period of time for Brunei and not for any other country. For more information, click [...]
Monday, February 16, 2009