On 1 November 2011 Belarus reduced export duties on oil and oil products. The relevant decision is laid down by government resolution No. 1458 of 28 October 2011.
The crude oil export duty is reduced from $411.4 to $393 per tonne. The unified export duties on light and dark oil products (apart from petrol) will make up $259.3 per tonne against $271.5 in October. The same duty is set on benzol, toluene and xylene. The export duties on commercial gasoline and directly distilled gasoline went down to $353.7 per tonne from $370.2 in October.
The duty on propane, butanes, ethylene, propylene and butadiene, other liquefied gases will make up $236.5.
The abovementioned resolution introduced amendments to Resolution No. 1932 of the Council of Ministers of 31 December 2010 “On setting export duties on crude oil and some oil products and on abolishing some resolutions of the Council of Ministers of the Republic of Belarus”. The document was passed in line with Decree No. 716 of 31 December 2010 “On export duties”.
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