Belarus to increase export duties on oil from February

Belarus will increase export duties on oil and petroleum products in markets outside the Eurasian Economic Union starting in February, the press service of the government said.

The export duty on crude oil will range from USD 79.1 to USD 89.5 per tonne. The duty on gasoline will increase from $ 43.5 to $ 49.2 per ton, and on commercial gasoline will range from $ 23.7 to $ 26.8 per ton.

The export duty on light and middle distillates will increase to $ 26.8 per ton, up from $ 23.7. The same rate will apply to other petroleum products such as diesel, benzene, toluene, xylene and lubricants.