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Belarus raises oil export duties

MINSK, 3 September (BelTA) - On 1 September 2013 Belarus raised export duties on oil and oil products exported outside the Customs Union. The decision is laid down by Council of Ministers resolution No. 760 of 29 August 2013 which has been published on the national legal web portal, BelTA has learnt.

As of 1 September the export duty on crude oil will be $400.7 per tonne, up from $379.8. The duty on light and middle distillates and diesel fuel will total $264.4 per tonne, up from $250.6 in August. The same duty has been set for benzene, toluene, xylene, fuel oil, lubricating oils, processed oil products, vaseline and paraffin.

The export duty on liquefied petroleum gases went up from $40.5 to $75.5 on 1 September.

The new resolution has amended Council of Ministers resolution No. 1932 of 31 December 2010 “Concerning export duties on crude oil and several oil product categories and the abolishment of several resolutions of the Council of Ministers of the Republic of Belarus.” The document was adopted in accordance with decree No. 716 of 31 December 2010 “Concerning rates of export customs duties.”