Oil export duty rate decreases by $85 in Belarus

The oil export duty rate was lowered from 372.2 dollars for a ton to 287.3 in Belarus on November 1, reports BelTA. The rate has been corrected in connection with the corresponding decrease in Russia. The mineral oil duty rate has also been decreased to correspond to the Russian rate. The light oil duty rate is 206 dollars for one ton instead of 263.

The rate of black oil is 11 dollars for one ton (the old rate is 141.7). Let us remind you that export duty rates for oil and mineral oil are equal to Russian rates in Belarus. It is regulated by a Belarus-Russian intergovernmental agreement.