- CNTV English - CCTV News

Homepage > News > Biz >

Russia to cancel zero tariffs on East Siberian oil exports

06-30-2010 17:26 BJT

MOSCOW, June 30 (Xinhua) -- Russia will officially cancel a zero-tariff policy on east Siberian oil exports starting from Thursday.

According to a statement posted on the Russian government website late Tuesday, east Siberian oil export duties will be 69.9 U.S. dollars per ton, and will be adjusted at a monthly basis.

Oil in Russia's east Siberia is transferred mainly through the Eastern Siberia-Pacific Ocean pipeline to the Asia-Pacific market.

Previously 22 oil fields in this region enjoyed zero tariffs in order to spur output and exports.

Starting from July 1, oil export duties for all the other Russian regions will be set at 248.8 dollars per ton.


Editor:Du Xiaodan |Source: Xinhua

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program