Reduced Export Taxes on Natural Gas for Belarus Significantly
📣 Hear this, folks! 📣 The government of Belarus just shook up things in a big way with Decree No.245, issued on April 30, 2025. They've slashed export tariffs on certain petroleum products beyond the EAEU customs territory, and here's the lowdown:
- Liquefied hydrocarbon gases (LHG): Export duties took a nosedive from a steep $8.8 per ton to a modest $0.9 per ton[1].
- Ethane, Butane, and Isobutane (EBIs): The price drop's no walk in the park here either, going from $7.9 per ton to $0.8 per ton[3].
Interestingly enough, "zero" duties still apply to other petroleum goods such as crude oil, gasoline, diesel fuel, and fuel oil[2].
TL;DR: If you're dealin' out LHG or EBIs, you're gonna save a pretty penny since Belarus slashed export duties on these goodies. The changes come into effect as of May 1, 2025.
Quick Reminder: This resolution follows a previous double hike in duties on hydrocarbon gases in Belarus during March and April this year[4].
[1] https://www.belta.by/business/view/belarus-starts-applying-new-export-duties-on-some-petroleum-products-77449-2025/[2] https://en.laser-gas.by/tariffs/[3] https://tut.by/news/nauchnye-issledovaniya/export-belarusskykh-gasovykh-produktov-potseretsya-20-per-179369.html[4] https://tut.by/news/ekonomika/a-sleduet-ya-svovo-propuschat-za-daugavu-zhytniy-lezhi-184037.html
- The government of Belarus has significantly reduced export tariffs on Liquefied Hydrocarbon Gases (LHG), dropping from a steep $8.8 per ton to a modest $0.9 per ton, as declared in Decree No.245 issued on April 30, 2025.
- Similarly, in an effort to boost the industry, export tariffs on Ethane, Butane, and Isobutane (EBIs) have been decreased from $7.9 per ton to $0.8 per ton under the same decree.
- In this new financial landscape, zero duties still apply to other petroleum products like crude oil, gasoline, diesel fuel, and fuel oil.
- It's worth mentioning that these lower tariffs follow a recent double hike in duties on hydrocarbon gases in Belarus during March and April this year.
- Businesses involved in leasing and the oil-and-gas industry, particularly those dealing with LHG or EBIs, can anticipate substantial savings due to the changes in export duties, effective as of May 1, 2025.
