Belarus raises oil export duties

Belarus raises oil export duties

Belarus raised customs duties on oil and oil products, which are exported beyond the customs territory of the Eurasian Economic Union, the press service of the Government of the Republic of Belarus said with reference to the Council of Ministers' resolution.

The export duty on crude oil was increased from $74.4 to $84.1 per tonne. The export duty on straight-run gasoline was raised from $40.9 to $46.2 per tonne, with the export duty on commercial gasoline up from $22.3 to $25.2 per tonne. 

The export duty on light and medium distillates is $25.2 per tonne, up from $22.3. The same rate will be applied to diesel fuel, benzene, toluene, xylene, lubricants, and other oils, BelTA reported.