OREANDA-NEWS. May 13, 2010. Veles Capital released daily market review:

Satisfactory outcome of IRNC North-West and IRNC Center and the Volga Region by IAS for 2009. Sales of IRNC North-West by the results of 2009 according to IAS grew by 15% to 26.7 bn RUR, cost equity grew by 19% and totaled 26.1 bn RUR. By the results of 2009 the sales of IRNC Center and the Volga Region grew by 24% to 47.6 bn RUR, cost of equity grew by 25% and totaled 45.4 bn RUR.

Oil export duty will be raised by 3.4% from June 1. Oil export duty from Russia might be raised by 3.4% from June 1, 2010 versus the level of May duty and form 294 USD per ton, as come from the calculations based on oil price monitoring from April 15 to May 11, 2010 that has been provided by the Ministry of Finance of RF. Note that since May 1 the oil export duty forms 284 USD per ton.