Belarus Raises Export Duties on Liquefied Gas and Some Petroleum Products

02.10.2024 10:15

Since October 1 of this year, export duties on liquefied gas and some petroleum products have increased significantly in Belarus.

The updated rates apply to the specified products exported from Belarus outside the territory of the Eurasian Economic Union.

The decision to increase such duties is contained in the Council of Ministers Resolution No. 724 of September 30, 2024.

The document was officially published on the republic’s legal internet portal.

According to the decree, rates have been increased for liquefied petroleum gases, as well as for ethane, butane, and isobutane.

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Photo: © Belnovosti

Compared with the rates for these products set a month ago, the new export duties have increased more than 2-fold.

In particular, the rate for liquefied petroleum gases from October 1 is $45.2 per ton instead of the previous $18.70.

The updated rate for ethane, butane and isobutane is $40.60 (previously $18.7) per ton.

By the way. Export duties on these products were established on September 1, before that the rates were zero.

Pavel Gospodarik Author: Pavel Gospodarik Internet resource editor