Belarus reduces export duty for oil and oil products from July 1st

From July 1st Belarus reduces duties for oil and oil products exported outside the Customs Area of the Eurasia Economic Union. This decision was approved by the regulation of the Council of Ministers #535 as of June 26th 2015. The export duty rate for crude oil is reduced from $144.4 to $143.1/ton. The duty for directly-distilled fuel was reduced from $122.7 to $121.6/ton, for saleable fuel – from $112.6 to $111.6/ton. The duty for light, medium distillates will make up $68.6/ton (was $69.3). The same duty is set for diesel fuel, benzene, toluene, xylene, greasing and other oils.

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