Belarus reduces oil export duties

MINSK, 1 March (BelTA) – Belarus reduced export duties on oil and oil products exported outside the customs territory of the Eurasian Economic Union on 1 March. The relevant decision is contained in Council of Ministers executive order No. 154 of 25 February 2016, BelTA has learned.

The export duty on crude oil went down from $52 to $39.5 per tonne. The duty on straight-run gasoline made up $28 per tonne as against the previous $36.9 per tonne, commercial gasoline - $24 ($31.7).

The export duty on light and medium distillates will be $15.8 ($20.8). 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 revised on 1 February. Then they were reduced as well.

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source: http://eng.belta.by/economics/view/belarus-reduces-oil-export-duties-89339-2016/
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