Belarus to raise export duties on oil, petroleum products on 1 July

On 1 July Belarus will increase export duties on oil and petroleum products, which are exported outside the customs territory of the Eurasian Economic Union (EAEU). The decision is laid down by the Council of Ministers’ Resolution No.366 of 29 June 2021, BelTA has learned.

In line with the document the size of the export duty on crude oil, furnace oil, oil bitumen, petrolatum, paraffin, and waste oils will be $61.5 per tonne ($58.8  previously). The export duty on straight-run gasoline has been set at $33.8 per tonne ($32.3 previously). The size of the export duty on commercial gasoline, diesel fuel, light and middle distillates, benzene, toluene, xylene, lubricants will amount to $18.4 per tonne ($17.6 previously).

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