Belarus raises oil export duties

10:31, 1 September

On 1 September 2020 Belarus increased customs duties on oil and petroleum products, which are exported outside the customs territory of the Eurasian Economic Union (EAEU). The decision was formalized by the Council of Ministers' Resolution No.503 of 27 August 2020, BelTA has learned.

The export duty on crude oil will make up $47.5 per tonne, up from $46.9.

The export duty on straight-run gasoline rose from $25.7 to $26.1 per tonne. The export duty on commercial gasoline, light and middle distillates went up from $14 to $14.2 per tonne. The same rate is 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 on 1 August. Then, they were also revised upwards.

Other materials of «Economics»

Belarusian MAZ energy savings twice above target in H1 2025

13:37, 11 September

The Economic Cooperation Forum will be held as part of the Minsk City Day

14:00, 10 September

Golovchenko: Belarus’ gold and forex reserves reach $12.7bn

16:00, 9 September

Lukashenko warns against hoarding of reserves

12:47, 9 September