Belarus lowers export duties on oil and oil products May 1, 2020

<p> MINSK, Apr 30 - PrimePress. Belarus changed on May 1, 2020 export duties on oil and oil products exported outside the customs territory of the Eurasian Economic Union (EEU), according to government resolution No.259 of Apr 29, 2020 posted on the official website of the government. </p> <p>   </p> <p> The export duty on crude oil decreased on May 1, 2020 to $6.8 from $52 per tonne. The duty on oil supplied under EEU FEACN codes 2709009001 and 2709009003 remains unchanged. The duty on oil supplied under EEU FEACN code 2709009002 is reduced from $5.2 to $1 per tonne. </p> <p>   </p> <p> The duty on light and medium distillates, benzene, toluene, xylenes and lubricating oils is reduced from $15.6 to $2 per tonne; waste oil products, vaseline, paraffin and oil bitumen – from $52 to $6.8 per tonne. </p> <p>   </p> <p> The duty on commercial gasoline decreased from $15.6 to $2 per tonne; straight run gasoline – from $28.6 to $3.7 per 1 tonne. </p> <p>   </p> <p> The duty on diesel fuel is reduced from $13.6 to $2 per tonne. </p> <p>   </p> <p> The duty on fuel oil is reduced from $52 to $6.8 per tonne. </p> <p>   </p> <p> The duty on liquefied natural gases remains at 0%. </p> <p>   </p> <p> Since October 1, 2011, following Russia, Belarus has been calculating export duties on oil and oil products according by the 60/66 formula, i.e. the rate of export duties on light and dark oil products is unified and is calculated with a 0.66 factor to the rate of the duty on oil. End </p> <p>   </p>

2020-05-04

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