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RTRS:Russia Aug crude duty seen down at $336.6/T
 
MOSCOW, July 16 (Reuters) - Russian oil export duty is expected to decline in August to $336.6 per tonne from $369.3 in July, according to calculations by the Finance Ministry and Reuters.

The government officially announces the export duty at the end of each month. The rate for August will be based on the monitoring of Reuters seaborne Urals URL-E crude oil prices between June 15 and July 14 inclusive.

The average price for the period was $95.18952 per barrel, Finance Ministry official Alexander Sakovich told Reuters.

At the discounted rate applied to crude oil produced at newer fields in eastern Siberia, Gazprom's Prirazlomnoye Arctic oilfield and two fields operated by LUKOIL in the Caspian Sea, the duty for August should be $148.4 per tonne compared to $173.0 per tonne in July.

Exporters of high-viscosity crude will pay $33.6 per tonne next month, down from $36.9 per tonne in July.

Under a duty regime designed to encourage production of high-value petroleum products while discouraging fuel oil output, the duty on light products and middle distillate, with the exception of gasolines, should be reduced to $222.1 in August from $243.7 per tonne this month.

Protective duty rates on gasolines, introduced by the government in May 2011 to protect domestic supply, should fall to $302.9 versus $332.4 per tonne in July. (Reporting by Olesya Astakhova; writing by Katya Golubkova; editing by James Jukwey)
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