OREANDA-NEWS. On 1 November the export crude oil duty in Belarus was reduced from с US240.7 to US 231.2 per 1 tonne. The Council of Ministers adopted relevant Resolution No 1410, reported the Official website government.by.

The oil export duty was revised downward following a similar decrease in the export oil duty in the Russian Federation effective from 1 November. The export duty on oil products will be also reduced to the level of the duties valid in Russia. For example, duties on light oil products (light and middle distillates, liquefied gas, benzol, toluene and xylol) will be reduced from US 174.5 per tonne to US 168.1 per tonne. Duties on dark petroleum products (engine oil, processed oil products, mineral wax, oil coke, oil asphalt) will be down from US 94 to US 90.5 per tonne.

In line with the intergovernmental Belarusian-Russian agreement, export duties on oil and oil products in Belarus are equal to the duties applied in Russia. They are imposed in Belarus on the same day as the duties in Russia.

In accordance with the Belarusian-Russian agreements, in 2009 the oil duty for Belarus is calculated under the coefficient of 0,356 of the Russian duty. Beginning 1 November, it will make up US 82.3 per 1 tonne in Belarus as against US 85.7 in October.