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Belarus to raise export duties on oil, oil products on 1 March

March 01, 2019/ 12:13

Minsk. 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 by the Council of Ministers' resolution No.131 of 27 February, BelTA has learned.

The export duty on crude oil will go up from $80.7 to $91.2 per tonne. The export duty on straight-run gasoline will rise from $44.3 to $50.1 per tonne, with the export duty on commercial gasoline up from $24.2 to $27.3 per tonne.

The export duty on light and medium distillates will make up $27.3 per tonne, up from $24.2. 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 downwards on 1 February.

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