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Oil export duties to be up $0.2-0.5 per ton December 1

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MOSCOW, October 28 (RIA Novosti) - Oil export duties will total $179.2-179.5 per metric ton on December 1 against the $179 established beginning October 1, the Finance Ministry said Friday.

Alexander Sakovich, the deputy chairman of the ministry's customs payment department, said the new figure was based on price monitoring in September-October.

Oil export duties are reviewed once in two months and are based on the average oil price on the world market during the past two months.

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