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25 June 2018, 19:48

Belarus to raise export duties on oil, oil products on 1 July

MINSK, 25 June (BelTA) – Belarus will raise customs duties on oil and oil products, which are exported beyond the customs territory of the Eurasian Economic Union (EAEU), on 1 July 2018. The decision is laid down by the Council of Ministers' resolution No.483 of 22 June 2018, BelTA has learned.

The export duty on crude oil will be increased from $131.8 per tonne to $139.1 per tonne. The export duty on straight-run gasoline will be raised from $72.4 up to $76.5 per tonne, with the export duty on commercial gasoline going up from $39.5 to $41.7 per tonne.

The export duty on light and medium distillates will make up $41.7 per tonne, up from $39.5. The same rate will be applied to diesel fuel, benzene, toluene, xylene, lubricants, and other oils.

The export duties on crude oil and some categories of derivative oil products were previously revised upwards on 1 June.

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