BELARUS NEWS AND ANALYSIS

DATE:

16/11/2010

Belarus to pay for test pumping of Venezuelan oil through Ukraine

Steel Guru: Interfax cited Mr Andriy Kliuyev First Vice Premier of Ukraine as saying that Belarus will pay costs related to a test pumping of Venezuelan oil for its needs through the Odesa-Brody oil pipeline scheduled for November 17. He said that "The scheduled date of test pumping is November 17. The issue has been solved the customer will pay."

Earlier, Mr Vladimir Semashko First Vice Premier of Belarus said that the trial pumping of 80,000 tonnes of oil through the Odessa-Brody pipeline in the direct regime from Ukraine to Belarus will be performed on November 17. He said that this is the oil bought in Venezuela and supplied to Belarus under swap terms. Other oil, not Venezuelan oil will be pumped through the pipeline.

Belarusian and Ukrainian officials signed a contract in Minsk on October 25 to organize test oil pumping through the Odesa-Brody pipeline in the direct mode. It is planned that the oil will be pumped into the pipeline at Ukraine's Yuzhny port and then transported through the Odesa-Brody and the southern section of the Druzhba pipeline to Mozyr oil refinery.

A contract was signed on oil transportation in 2011 to 2013 through the Odesa-Brody pipeline in the reverse mode and oil supplies to Belarus under swap terms. Earlier it was reported that Belarus planned to organize swap oil supplies from Ukraine, Kazakhstan and probably Iran.

Source:

http://www.vheadline.com/readnews.asp?id=98747


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