As from 1 April 2014 Belarus will raise export duties on oil and oil products exported outside the customs territory of the Customs Union. The decision is stipulated by Council of Ministers Resolution No. 276 of 27 March 2014, the press service of the Belarusian government told BelTA.

The export duty on crude oil will be increased from $384.4 to $387 per tonne. The duty on straight-run gasoline and commercial gasoline will go up from $345.9 to $348.3 per tonne. The export duty on light and medium distillates as well as diesel fuel will increase from $253.7 to $255.4 per tonne. The same duty will be applied to benzene, toluene, xylene, fuel oil, lubricants, waste oils, petrolatum and paraffin, petroleum coke (except for calcinated petroleum coke) and oil bitumen.

The export duty on diesel fuel will be reduced from с $253.7 до $251.5 per 1 tonne, that on liquefied gases will go down from $169.5 to $129.1 per tonne.

The new resolution has amended Council of Ministers Resolution No. 1932 of 31 December 2010, which set export duties on crude oil and several oil product categories while abolishing several previous resolutions of the Council of Ministers. The document was adopted in accordance with Belarus President Decree No. 716 of 31 December 2010, which sets rates for export duties.


 

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