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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)

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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