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PRESIDENTIAL DECREE OF THE REPUBLIC OF BELARUS

of January 12, 2024 No. 17

About change of the Presidential decree of the Republic of Belarus

For the purpose of enhancement of the mechanism of calculation of collection for oil sale crude, coming from the Republic of Belarus, I decide:

1. "About collection for oil sale" to state subitems 2.3 and 2.4 of Item 2 of the Presidential decree of the Republic of Belarus of May 13, 2022 to No. 173 in the following edition:

"2.3. base for calculation of collection is the amount of the crude oil in kind realized in month;

2.4. the rate of charge for 1000 kilograms of the realized crude oil is calculated in Belarusian rubles by the following formula:

CoB = (0,663 x (Tsneft - 215,6)) x To,

where CoB - rate of charge for 1000 kilograms of the realized crude oil with rounding to one decimal sign after comma;

Tsneft - average price (without the value added tax) realization of 1000 kilograms of crude oil of the payer of collection in month under report in US dollars with rounding to one decimal sign after comma. If according to terms of the contract about oil sale crude the sales price is established in the currency other than US dollars, calculation Tsneft is perfromed with use of the average official rates of Belarusian ruble established by National Bank for month under report and calculated as average arithmetic size;

To - the average official rate of Belarusian ruble in relation to US dollar established by National Bank for month under report and calculated as average arithmetic size.

Collection is paid if the rate of charge calculated by the formula specified in this subitem is positive size;".

2. This Decree becomes effective since January 1, 2024.

President of the Republic of Belarus

A. Lukashenko

 

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