BELARUS NEWS AND ANALYSIS

DATE:

25/03/2010

Belarus sues Russia over oil export duties

Belarus has filed a lawsuit against Russia with the Economic Court of the Commonwealth of Independent States (CIS) over the legality of duties charged on processed oil products supplied by Russia to Belarus. Early this year the two ex-Soviet neighbors were involved in a dispute over oil supplies, as Moscow demanded Minsk pay full import duties on crude it refines and resells to Europe, dropping considerable subsidies. Minsk demanded that Russia supply up to 30 million metric tons of oil duty-free, otherwise it threatened to increase transit fees for Europe-bound oil. The talks resulted in signing agreements on crude oil deliveries in late January, under which Belarus will receive 6.3 million metric tons of oil duty-free this year and will increase its transit tariffs by 11%.

Source:

http://english.ruvr.ru/2010/03/25/5640252.html


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