OREANDA-NEWS. On April 01, 2009 Belarus reduced the crude oil export duty from US 115.3 per tonne to US 110 per tonne. The Council of Ministers issued relevant resolution No 382, reported the Official website www.government.by.

The oil export duty has been revised downward following a similar reduction in the export oil duty in the Russian Federation effective from April 1. The export duty on oil products will be reduced to the level of the duties valid in Russia. For example, duties on light oil products (light and middle distillates, liquefied gas, benzol, toluene and xylol) will be reduced from US 90 per tonne to US 86.4. Duties on heavy petroleum products (engine oil, processed oil products, mineral wax, oil coke, oil asphalt) will be cut from US 48.5 per tonne to US 46.5 per tonne.

In line with the intergovernmental Belarusian-Russian agreement, export duties on oil and oil products in Belarus are equal to the duties applied in Russia and are introduced on the same date.

In conformance with the Belarusian-Russian agreement, in 2009 the coefficient of 0,356 will be used for calculating the duty on oil supplied to Belarus from Russia. From April 1 the duty for Belarus makes up US 39.2 per tonne.