Oxidative desulfurization of a model mixture on the basis of vacuum gas oil and diesel fuel by hydrogen peroxide in the presence of formic acid has been studied. A technology of a two-phase system with a phase-transfer catalyst has been employed for the desulfurization. The optimum reaction time is 6 h and the hydrogen peroxide: sulfur molar ratio is 4: 1. As a result of successive triple oxidative desulfurization, 90% of total sulfur is removed from the model mixture.