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1 Oct 2017

Belarus raises export duties on oil, petroleum products

MINSK, 2 October (BelTA) – On 1 October, Belarus raised customs duties on oil and petroleum products, which are exported beyond the customs territory of the Eurasian Economic Union. The decision is laid down by the Council of Ministers’ resolution No.723 of 28 September 2017, BelTA learned from the press service of the Belarusian government.

The export duty on crude oil was increased from $84.1 to $87.9 per tonne. The export duty on straight-run gasoline was raised from $46.2 to $48.3 per tonne, with the export duty on commercial gasoline up from $25.2 to $26.3 per tonne.

The export duty on light and medium distillates now makes up $26.3 per tonne, up from $25.2. The same rate is 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 September.


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