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Ukraine re-introduced duties on LPG from Russia

Russia / Ukraine

In January-July, the share of Russian product in total imports, excluding sea shipments, amounted to 45%

Ukraine re-introduced duties on LPG from Russia

The Cabinet of Ministers of Ukraine has re-established duties on imports of liquefied natural gas (LPG) of Russian production, according to government decree No. 719 of August 17, promulgated on Tuesday. The government decree comes into force on August 18, after publication. The duty on the import of liquefied gas from Russia, as before, will be 3% of the customs value of the product.

If it is impossible to determine the country from which the volumes of LPG were supplied, a special duty will also be applied to such a product, the document says.

In January-July, the share of Russian product in total imports, excluding sea supplies, amounted to 45%, or 443 thousand tons, against 47.4%, or 405 thousand tons for the same period in 2019. According to market participants, about 60% of LPG imported to Ukraine falls under the resolution.

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