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01 June 2020, 10:08

Belarus increases oil export duties

MINSK, 1 June (BelTA) – On 1 June 2020 Belarus increased customs duties on oil and petroleum products, which are exported outside the customs territory of the Eurasian Economic Union (EAEU). The decision was formalized by the Council of Ministers' Resolution No.316 of 26 May, BelTA has learned.

The export duty on crude oil went up from $6.8 to $8.3 per tonne.

The export duty on straight-run gasoline rose from $3.7 to $4.5 per tonne. The export duty on commercial gasoline, light and middle distillates made up $2.4 instead of $2 per tonne. The same rate was 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 on 1 May. Then, they were revised downwards.

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