Belarus raises oil export duties

Belarus has raised export duties on oil and oil products exported outside the customs territory of the Eurasian Economic Union. The relevant decision is contained in Council of Ministers executive order No. 236 of 27 March 2015, BelTA has learned.

The export duty on crude oil went up from $105.8 to $130.8 per tonne. The duty on straight-run gasoline is now $111.1 per tonne as against $89.9 per tonne before, commercial gasoline is now $102 ($82.5). The export duty on light and medium distillates is $62.7 ($50.7). The same duty is applied to gas oil, benzene, toluene, xylene, lubricants, and other oils.

The above-mentioned duties are set at levels equal to the duties imposed in Russia.

Exports duties on crude oil and some categories of oil products were previously reduced on 1 March. Then they were revised downwards.

The executive order came into force on 1 April 2015.