SUBSCRIBER NOTE: Platts to update jet export duty on Russia netback

Effective June 16, 2014 Platts will reflect export duty at 66% of Russian crude oil export duty in its Russian jet fuel export netback calculations. Platts currently reflects a 65% ratio in its calculations. The export duty reflected for diesel will not change. Platts periodically reviews changes in export duties and aims to reflect prevailing levels in its netback calculations. Please send feedback and comments to europe_products@platts.com and pricegroup@platts.com. Please provide a clear indication if comments are intended for publication by Platts for public viewing. Platts will consider all comments received and will make these comments available on request.