ANNOUNCEMENT 18 Nov 2013

In November 2013, the government of the Russian Federation announced a change in export taxation.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising

SOURCE



18 2013 . N 1029 " NANAounter last">869 reads http://www-personal.umich.edu/%7Ealandear/glossary/


Inception date: 18 Dec 2013 | Removal date: open ended
Still in force

Export tax

On 18 November 2013, the Russian Government (according to Decree Nr. 1029) eliminated export tariffs (previously at 5%) on liquefied natural gas (code 2709 00 100 1 0) and gas condensate (code 2711 11 000 0 0), extracted on the territory of the Yamal peninsula. Previously, these products could only be exported without tariffs within the customs territory of Russia, Belarus and Kazakhstan. This policy forms part of the previously approved state policy (Decree Nr. 1713/11.10.2010) to stimulate the production of liquefied natural gas in Russia.
Decree Nr. 1029 entered into force on 18 December 2013.

AFFECTED SECTORS