22.08.2012
Belarus pays Russia $2.4bn in oil export duties in January-July
MINSK, 22 August (BelTA) – In January-June 2012 Belarus transferred to the Russian budget $2409.9 million in export customs duties on oil products manufactured from Russian oil, BelTA learnt from the National Bank of the Republic of Belarus.
In July 2012 a total of $191.2 million of oil export duties were paid to the Russian budget. Belarus paid $377.25 million in June, $368.9 million in May, $363.7 million in April, $448.2 million in March, $324.1 million in February, and $336.6 million in January.
In H1 Belarus exported a total of 9.810 million tonnes of oil products, up 40.2% over the same period last year. The average price for Belarusian oil products made up $860 per tonne, up 6.6% compared with January-June 2011.
In 2011 Russia received $3.07 billion in Belarus’ export duties on oil products shipped to third countries.
Since 2011, Belarus has been importing Russian oil duty-free. However, export duties on oil products made from this crude and sold to third countries are transferred to Russia’s budget. Export duties on oil produced domestically (1.7 million tonnes per year) are transferred to Belarus’ budget.
In July 2012 a total of $191.2 million of oil export duties were paid to the Russian budget. Belarus paid $377.25 million in June, $368.9 million in May, $363.7 million in April, $448.2 million in March, $324.1 million in February, and $336.6 million in January.
In H1 Belarus exported a total of 9.810 million tonnes of oil products, up 40.2% over the same period last year. The average price for Belarusian oil products made up $860 per tonne, up 6.6% compared with January-June 2011.
In 2011 Russia received $3.07 billion in Belarus’ export duties on oil products shipped to third countries.
Since 2011, Belarus has been importing Russian oil duty-free. However, export duties on oil products made from this crude and sold to third countries are transferred to Russia’s budget. Export duties on oil produced domestically (1.7 million tonnes per year) are transferred to Belarus’ budget.