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01 February 2023, 15:43

Belarus reduces export duties on oil, oil products

MINSK, 1 February (BelTA) – Belarus has reduced export duties on oil and oil products, which are exported beyond the customs territory of the Eurasian Economic Union (EAEU). The Council of Ministers issued resolution No.970 on 31 January 2022, BelTA learned from the national legal information registry.

In line with the resolution the size of the export duty on crude oil, furnace oil, oil bitumen, petrolatum, paraffin, and waste oils is now $12.8 per tonne ($16.7 per tonne previously). The export duty on straight-run gasoline now stands at $7 per tonne ($9.1 previously). The size of the export duty on commercial gasoline, diesel fuel, light and middle distillates, benzene, toluene, xylene, lubricants equals $3.8 per tonne ($5 previously).

The export duties on crude oil and some categories of derivative oil products were previously revised downward on 1 January 2023.

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