Updated at 11:50,16-10-2017

Belarus lowers export duties on crude oil and refined products

Euroradio

Effective from September 1, 2016, Belarus will have lower duties on crude oil and refined products exported from the customs territory of the Eurasian Economic Union (EEU), according to the Council of Ministers' Resolution No 689 dated August 30.

The duty on crude oil has been lowered from $90.1 down to $80 per ton. The duty for straight-run gasoline has been set at $56.8 against $63.9 per ton; from $54,9 down to $48.8 per ton for finished motor gasoline types. Light distillates will now be exported at $32 against the current $36 per ton). The same duty has bee applied to diesel, benzene, toluene and lubricants, reports the press office of Belarus' government.

The last time the export duties were lowered in Belarus was on August 1, 2016.