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31 Aug 2021

Belarus to reduce export duties on oil, oil products on 1 September

Belarus to reduce export duties on oil, oil products on 1 September
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MINSK, 31 August (BelTA) – Belarus will reduce export duties on oil and oil products, which are exported outside the customs territory of the Eurasian Economic Union (EAEU) in line with the Council of Ministers' resolution No.495 of 30 August 2021, 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 will be $64.6 per tonne ($67.8 previously). The export duty on straight-run gasoline has been set at $35.5 per tonne ($37.2 previously). The size of the export duty on commercial gasoline, diesel fuel, light and middle distillates, benzene, toluene, xylene, lubricants will make up $19.3 per tonne (down from $20.3).

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

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