December 2017

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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.

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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