Belarus will Raise the Rate for Pumping Russian Oil from February
OREANDA-NEWS. Belarus increases the rate for pumping Russian oil through it's territory by 6.6%, the press service of the Ministry of Antimonopoly Regulation and Trade (MARCH) of the republic reported on Friday, January 29. The changes will take effect on February 1.
«The resolution of the Ministry of Antimonopoly Regulation and Trade of the Republic of Belarus No.6 «On Tariffs for oil transportation services via main Pipelines» provides for the establishment of rate for oil transit transportation services for JSC «Gomeltransneft Druzhba» with an increase of 6.6% from February 1, 2021», the message reads.
Oil transportation is carried out in transit directions and on routes for domestic consumption. Belarus transits oil from Russia through it's territory. At the end of 2020, SOCAR Trading (a subsidiary of the State Oil Company of Azerbaijan SOCAR) signed a long-term contract with the Belarusian Oil Company (BNK) for the supply of Azerbaijani oil.
The Russian government has signed an order on the conclusion of an agreement on the transportation and transshipment of petroleum products from Belarus through the Baltic ports of Russia. The order of the Cabinet of Ministers is published on the official portal of legal information.