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Belarus to reduce export duties on oil, petroleum products on 1 March

February 26/ 15:45

Minsk. On 1 March 2018 Belarus will reduce 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 by the Council of Ministers' resolution No.145 of 23 February 2018, BelTA learned from the press service of the Belarusian government.

The export duty on crude oil will be reduced from $120.1 to $119.5 per tonne. The export duty on straight-run gasoline will be cut down from $66 to $65.7 per tonne, with the export duty on commercial gasoline going down from $36 to $35.8 per tonne.

The export duty on light and medium distillates will make up $35.8 per tonne, down from $36. 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 on 1 February.

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