Excise taxes could affect gasoline production by Russian refiners

摘要

A Russian government plan to differentiate gasoline excise taxes based on fuel quality will raise the taxtmrden for the country's oil companies,benefiting only a few firms owning sophisticated refineries,analysts said.Analysts at Deutsche Bank and UniCredit said the measure,designed to stimulate the production of more value-added and environmentally friendly oil products,could be positive for oil companies that have more sophisticated refineries.