Starting November 1, Belarus raises export duties on oil and oil products

Starting November 1, Belarus will increase export duties on oil and oil products exported outside the customs territory of the Eurasian Economic Union. The corresponding decision is contained in the Decree of the Council of Ministers of October 29, 2019 No. 727, the press service of the government.

“The rate of export duty on crude oil will be $ 88.3 per 1 ton (previously – $ 87.2). The duty on straight-run gasoline will increase from $ 47.9 to $ 48.5 per 1 ton. For marketable gasolines, light and medium distillates – from $ 26.1 to $ 26.4 per 1 ton. The same duty will be set for diesel fuel, benzene, toluene, xylenes, lubricants and other oils” – the report said.

Earlier, export customs duty rates for crude oil and certain categories of goods derived from oil were changed on October 1. Then they were reduced.