BELARUS NEWS AND ANALYSIS

DATE:

27/01/2010

Russia, Belarus agree on oil supplies, transit

GORKI (Moscow Region), January 27 (RIA Novosti) - Russia and Belarus have signed an array of agreements on crude oil deliveries and transits to Europe, a Russian deputy prime minister said on Wednesday.

Igor Sechin said the deals included "amendments to an agreement on oil deliveries to Belarus, oil pricing procedures, and a joint statement on oil transit guarantees." He did not elaborate.

Russia earlier offered to supply its ex-Soviet ally Belarus with some 6.3 million metric tons of oil for domestic consumption duty-free and demanded Minsk pay full import duties on crude its refines and transits to Europe, dropping considerable subsidies.

Belarus requested Russia to supply up to 30 million metric tons of oil duty free, saying it would otherwise increase transit fees for Europe-bound oil from $3.90 to $45.

Russian oil supplies via the ex-Soviet republic have continued throughout the dispute.

Source:

http://en.rian.ru/russia/20100127/157698146.html

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