Belarus to Raise Export Duties on Oil and Oil Products
OREANDA-NEWS. On 1 March 2011 Belarus will increase the duties on oil and oil products exported from Belarus outside the Customs Union. Relevant Resolution No. 235 of the Council of Ministers of 24 February 2011 will come into effect on 1 March.
From 1 March this year the rate of export customs duties per 1 tonne of crude oil will amount to USD 365, oil with sulfur content – USD 150.4.
The customs duty on light oil (light distillates, middle distillates) will be set at USD 244.6 per 1 tonne.
The duty on heavy petroleum products (liquid fuels, oils, waste oils) will be equal to USD 170.4, propane, butanes, ethylene, propylene, butylene and butadiene, other liquefied gases - USD 150.2, petroleum jelly, mineral waxes, and similar products - USD 170.4.
The rate of export customs duties per 1 tonne of petroleum coke and bitumen, other residues of petroleum oils or oils obtained from bituminous minerals will be equal to USD 170.4, benzene, toluene, xylene - USD 244.6.
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