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29 Jan 2020

Belarus to raise oil export duties on 1 February

Belarus to raise oil export duties on 1 February
An archive photo

MINSK, 29 January (BelTA) – On 1 February Belarus will raise customs duties on oil and petroleum products, which are exported beyond the customs territory of the Eurasian Economic Union(EAEU). The decision is laid down in the Council of Ministers’ Resolution No. 46 as of 28 January 2020, BelTA has learned.

The export duty on crude oil will go up from $77.2 to $78.5 per tonne.

The export duty on straight-run gasoline will go up from $42.4 to $43.1 per tonne. The export duty on commercial gasoline, light and medium distillates will make up $23.5 per tonne, up from $23.1. 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 January.

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