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Belarus cuts export duties on oil, petroleum products

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Staff Writer | March 2, 2018
Belarus oil
Trade   The export duties on crude oil

Belarus decreased export duties on oil and petroleum products, which are exported outside the Eurasian Economic Union (EAEU).

The export duty on crude oil was decreased from 120.1 U.S. dollars to 119.5 dollars per ton, while the duty for straight-run gasoline was decreased from $66 to $65.7 per ton, the government said in a statement.

The export duty on commercial gasoline was lowered from $36 to $35.8 per ton. The same rate will be applied to diesel fuel, benzene, toluene, xylene, lubricants and other oils.

The export duties on crude oil and some categories of derivative oil products were previously revised upwards on February 1.


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