Belarus Raises Export Duty on Crude Oil on April 1

30.03.2011 09:32
Архив Редакция

The Council of Ministers of Belarus, decided on March 28, 2011 to raise export duties on oil and oil products, exported from Belarus outside the Customs Union. Decree № 392 on the establishment of the new rates comes into force on April 1, reported the Council of Ministers.

According to the government decision, the rate of export customs duty is increased from $365 to $423.7 per ton of crude oil, and from $150.4 to $191per ton of oil with a sulfur content.

Light oil (light distillates, middle distillates) will amount to $283.9 per ton (now — $244.6).
Duty on heavy petroleum products (liquid fuels, oils, waste oils) is set at $197.9 from April 1 (now $170.4), propane, butane, ethylene, propylene, butylene and butadiene and other liquefied gases — $91 (now $150.2), petroleum jelly, mineral waxes, and similar products — $197.9 (now $170.4 dollars).

In addition, the rate of export duty on petroleum coke, bitumen and other residues of petroleum oils or oils, obtained from bituminous minerals, will be raised from $170.4 to $197.9 per ton. The rate of export duty on benzene, toluene, xylene has increased from $244.6 to $283.9 per ton.

As Telegraf previously reported, that last time Belarus raised the export duties on crude oil and petroleum her only a month ago — on March 1.