Belarus cuts export duties on number of petroleum products

MINSK. Feb 7 (Interfax) - The Belarusian government has reduced export duties on certain petroleum products exported outside of the Eurasian Economic Union's (EAEU) customs territory.

According to a government resolution published on the national legal internet portal, from February 1, the rate for liquefied hydrocarbon gases was reduced from $18.5 per tonne to $7.5 per tonne, while for ethane, butane and isobutene it was reduced from $16.6 per tonne to $6.7 per tonne.

Previously, the export duty rates on these petroleum products were reduced from January 1, 2025.

Zero-duty rates have been maintained for other goods, including oil, straight-run gasoline, trimers and tetramers of propylene, light and middle distillates, diesel fuel, motor gasoline, benzene, toluene, xylenes, fuel oil, lubricating oils, spent petroleum products, petroleum jelly and paraffin, petroleum coke and petroleum bitumen.

Since February 2024, the Belarusian government has reduced export duties on oil, bitumen, fuel oil and several other petroleum products to zero. However, from September 1, export duties were introduced on liquefied hydrocarbons, as well as on ethane, butane and isobutene.

Since 2010, Minsk has been unifying the export duty rates on oil and petroleum products with those currently in effect in Russia, taking into account the duty-free import of oil from the latter. According to agreements within the EAEU framework, since 2015, all export duties on oil and petroleum products remain with the Belarusian budget.