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Azerbaijani Cabinet of Ministers changes excise duty rates on oil products (UPDATE)

Oil&Gas Materials 11 February 2014 19:08 (UTC +04:00)
The Azerbaijani Cabinet of Ministers has decided to make changes to the excise duty rates on oil products.
Azerbaijani Cabinet of Ministers changes excise duty rates on oil products (UPDATE)

Details added (first version was posted at 17:43)

Baku, Azerbaijan, Feb. 11

By Emin Ismayilov - Trend:

The Azerbaijani Cabinet of Ministers has decided to make changes to the excise duty rates on oil products.

According to the decision, the excise tax rates on AI-95 gasoline decreased by 2.5 times, for AI-92 and AI-80 gasoline - twice, diesel fuel - by 3.2 times, jet engine fuel - by 7.6 times, naphtha - 5.4 times, liquefied gas - three times, motor fuel (DT-36) - seven times, motor fuel (DT-20) - 5.2 times, furnace oil - 49 times and bitumen (BN-60/90, BNB-60/70) - 16.4 times.

No.

Oil products

Excise tax rate, shown in percent (from January 1, 2014)

Excise tax rate, shown in percent (before January 1, 2014)

1.

Gasoline AI-95

64,0

159

2.

Gasoline AI-92

65,0

134

3.

Gasoline AI-80

66,0

134

4.

Diesel fuel

18,0

57

5.

Jet engine fuel

9,0

68

6.

Naphtha

13,0

70

7.

Liquefied gas

22,0

69

8.

Motor fuel (DT-36)

24,0

170

9.

Motor fuel (DT-20)

31,0

160

10.

Furnace oil

3,0

147

11.

Bitumen (BN-60/90, BNB-60/70)

11,0

180

12.

Bitumen (MQO)

34,00

34,00

13.

Bitumen (BNV, BNB- 70/30, BNB-85/25)

31,00

31,00

14.

Kerosene (KO-20)

32,00

32,00

15.

Natural gasoline

37,00

37,00

16.

Engine Oil (M-12VB, M-14V2)

52,00

52,00

17.

Industrial oils (I-12A, I-20V, I-40A, I-8B1, I-30V)

72,00

72,00

18.

Turbine fuel (T-22, T-30, T-46)

39,00

39,00

19.

Transformer oil (T-1500)

54,00

54,00

20.

Other oils (AK-15, S-11, XM-6, K-12, K-19, VM-4)

56,00

56,00

21.

Cox (KT-A)

19,00

19,00

22.

Cox (KT-T)

19,00

19,00

23.

Cox (KT-Q)

18,00

18,00

Translated by E.A.

Edited by C.N.

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