Belarus expects to fulfill agreement with Azerbaijan to buy 1 million tons of oil in 2021
<p> MINSK, Aug 17 – PrimePress. Belarus counts on being able to fulfill its agreement with Azerbaijan to procure 1 million tons of oil in 2021, said Belarusian Ambassador to Azerbaijan Andrey Ravkov. </p> <p> </p> <p> In his words, Belarus’ cooperation with SOCAR, the state oil company of the Republic of Azerbaijan, has been successfully developing since 2020. </p> <p> </p> <p> “About 800 thousand tons of oil was supplied in 2020 and there is a valid agreement to supply up to 1 million tons this year. Since early 2021, Mozyr refinery has received 360,000 tonnes of crude oil for processing, and now we have no reason to believe that the contract will not be fulfilled by either party,” said Ravkov in an interview to the Belneftekhim Bulletin. </p> <p> </p> <p> As previously reported, Belarus’ state-run concern Belneftekhim and the State Oil Company of Azerbaijan SOCAR signed a memorandum on 14 Apr 2020, which provides for expansion of opportunities of the parties in production and sale of oil and oil products. </p> <p> </p> <p> SOCAR Trading, the trading subdivision of the State Oil Company of the Azerbaijan Republic (SOCAR), reported that in 2020 it supplied Belarus with 1.038 million tonnes of oil in 10 sea tankers via the Odessa port (Ukraine) and the Odessa-Brody pipeline to the Mozyr Oil Refinery (Gomel Oblast), including 755,000 tonnes of Azeri Light oil and about 283,000 tonnes of oil bought from oil traders. Belarusian Ambassador to Azerbaijan Andrey Ravkov told reporters on April 13 that Belarus plans to buy from Azerbaijan 1 million tonnes of crude oil in 2021, while 270,000 tonnes has already been delivered. </p> <p> </p> <p> As previously reported, Belarus sought to diversify sources of crude oil supply to its refineries after a significant reduction in Russian supplies in January-March 2020 due to price disputes with major Russian oil companies. In particular, Belarus purchased oil from Azerbaijan, Norway, Saudi Arabia and the USA in 2020. End </p>
2021-08-18
Primepress
Belarus expects to fulfill agreement with Azerbaijan to buy 1 million tons of oil in 2021
MINSK, Aug 17 – PrimePress. Belarus counts on being able to fulfill its agreement with Azerbaijan to procure 1 million tons of oil in 2021, said Belarusian Ambassador to Azerbaijan Andrey Ravkov.
In his words, Belarus’ cooperation with SOCAR, the state oil company of the Republic of Azerbaijan, has been successfully developing since 2020.
“About 800 thousand tons of oil was supplied in 2020 and there is a valid agreement to supply up to 1 million tons this year. Since early 2021, Mozyr refinery has received 360,000 tonnes of crude oil for processing, and now we have no reason to believe that the contract will not be fulfilled by either party,” said Ravkov in an interview to the Belneftekhim Bulletin.
As previously reported, Belarus’ state-run concern Belneftekhim and the State Oil Company of Azerbaijan SOCAR signed a memorandum on 14 Apr 2020, which provides for expansion of opportunities of the parties in production and sale of oil and oil products.
SOCAR Trading, the trading subdivision of the State Oil Company of the Azerbaijan Republic (SOCAR), reported that in 2020 it supplied Belarus with 1.038 million tonnes of oil in 10 sea tankers via the Odessa port (Ukraine) and the Odessa-Brody pipeline to the Mozyr Oil Refinery (Gomel Oblast), including 755,000 tonnes of Azeri Light oil and about 283,000 tonnes of oil bought from oil traders. Belarusian Ambassador to Azerbaijan Andrey Ravkov told reporters on April 13 that Belarus plans to buy from Azerbaijan 1 million tonnes of crude oil in 2021, while 270,000 tonnes has already been delivered.
As previously reported, Belarus sought to diversify sources of crude oil supply to its refineries after a significant reduction in Russian supplies in January-March 2020 due to price disputes with major Russian oil companies. In particular, Belarus purchased oil from Azerbaijan, Norway, Saudi Arabia and the USA in 2020. End