Global: Increase in Russian fuel excise tax may hit refinery profitability
The Russian government’s recent decision to raise the excise tax on motor fuel by 1 RUB/l in 2018 may lead to serious losses for the country’s domestic refining industry.
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The Author
Gerden, E. - Contributing Writer,
Eugene Gerden is an international contributing writer specializing in the global oil refining and gas industry.
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