Russia’s Federal Tariff Service set a fee of 10,621.47 rubles ($367) that OAO Transneft can charge per 100 metric tons of crude when loading tankers at its new Ust-Luga oil terminal on the Baltic Sea.

The tariff will be valid as of tomorrow for the expected March commissioning of the crude terminal, the service said in a statement today on its website.

To contact the reporter on this story: Jake Rudnitsky in Moscow at jrudnitsky@bloomberg.net

To contact the editor responsible for this story: Stephen Voss at sev@bloomberg.net