Belarus to reduce oil export duties 1 August
29.07.2015
Belarus will reduce export duties on oil and oil products exported outside the customs territory of the Eurasian Economic Union on 1 August. The relevant decision is contained in Council of Ministers executive order No. 637 of 27 July 2015, BelTA has learned.
The export duty on crude oil will go down from $143.1 to $133.1 per tonne. The duty on straight-run gasoline will make up $113.1 per tonne as against the current $121.6 per tonne, commercial gasoline - $103.8 ($111.6). The export duty on light and medium distillates will be $63.8 ($68.6). The same duty is applied to gas oil, benzene, toluene, xylene, lubricants, and other oils.
Exports duties on crude oil and some categories of oil products were previously reduced on 1 July. Then they were revised downwards.
The executive order comes into force on 1 August 2015.