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Belarus raises export duties on crude, petroleum products to Russia’s level

July 01, 2013, 11:39 UTC+3
The crude export duty will grow from $359.3 to $369.2 per tonne
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MINSK, July 1 (Itar-Tass) - Belarus has raised its export duties on crude oil and petroleum products to Russia’s level.

Under the Council of Ministers’ decree the crude export duty will grow from $359.3 to $369.2 per tonne.

The unified export duty on light and dark petroleum products, except for petrol, will go up from $237.1 to $243.6 per tonne. Similar duties were imposed on benzol, toluol and xylol.

Along with this, the LNG export duty will significantly dicrease - from $72.2 to 45.2.

Since 2011 Belarus has been importing Russian oil duty-free, but transferring to the Russian budget export customs duties on petroleum products produced from Russian oil and exported to third countries.

Export duties from domestic oil sales (around 1.7 million tonnes a year) Belarus transfers to its own budget.

Under the Russian-Belarussian intergovernmental agreement Belarus unifies with Russia size of its export duties on crude oil and petroleum products.

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