Oil export duty reduced in Belarus

As of October 1, 2008, the oil export duty in Belarus has been reduced down to $372.2 per one ton from $495.9 before.   The reduction is connected with the similar drop in the oil export duty in Russia from October 1. Under the Belarus-Russian deal, the export duties for oil and petrochemical products in Belarus have to match the duties in Russia.

The oil export duty for Belarus is now set at $124.7, reports the official news agency Belta