Wednesday, November 3, 2010

Russia cuts oil deliveries to Belarus by 43%


The volume of oil deliveries to Belarus in January-October was 10.182 million tons.

Oil deliveries were reduced by 43% as compared to the analogous period of 2009. This information is offered by a situation report of the state enterprise "Central Control Administration of the Fuel and Energy Complex", Interfax-Zapad reports.

As it was informed earlier, according to the protocol to the intergovernmental agreement of January 12, 2007 on the terms of oil trade with Belarus, signed in Moscow on January 27, 2010, this year Belarus to receive 6.3 million tons of oil duty-free, and the rest of 15.2 million tons out of the 21.5 million tons are to include 100% of duty to the price.

In January refining throughput was considerably decreased because of the long process of agreement of Russian oil deliveries' terms and conditions.

In relation to the changed conditions of deliveries of Russian oil to Belarus, a decision about optimal mode the of work of Belarusian oil refineries was adopted. According to it, in 2010 oil refineries are to process 15.8 million tons of Belarusian and Russian oil. Additional loading of refineries would be made thanks to deliveries from Venezuela.

Source: Charter'97 :: News from Belarus

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