Russia temporarily bans fuel imports June 2, 2020
<p> MINSK, Jun 2 - PrimePress. The Russian government has imposed a temporary ban on the import of gasoline, diesel fuel, kerosene, marine fuel and gas oil on June 2, 2020, the Federal Customs Service of the Russian Federation reports. </p> <p> </p> <p> Russia announced the temporary ban on fuel imports on May 25. The ban is expected to be in force until October 1, 2020, but, if necessary, the period may be extended until June 15. </p> <p> </p> <p> The ban does not apply to fuel transported through the Russian Federation in transit; fuel in technological tanks used along the route; fuel imported into the Russian Federation before the entry into force of this decision, in respect of which no actions related to customs declaration and release have been completed; fuel transported by individuals for personal use. </p> <p> </p> <p> Argus Media said on May 18 that supplies of Belarusian petrol to Russia by rail showed a sharp increase in April 2020 to 40,100 tonnes (nearly 1.5% of Russia’s total petrol consumption) to compare with 200 tonnes shipped in 2019. </p> <p> </p> <p> This increase took place because in April, the wholesale prices of Belarusian petrol for Russian consumers was at least 500 Russian rubles ($7.17 at the rate of the Central Bank of the Russian Federation) per tonne lower than Russian fuel (taking into account transportation costs). For this reason, the Russian Ministry of Energy proposed on April 12 to temporarily ban the import of petrol into Russia to support the domestic oil refining industry. </p> <p> </p> <p> Spokesman for Belneftekhim state petrochemical concern Alexander Tishchenko said on May 26 that the Belarusian oil refineries (Mozyr Refinery OJSC, Gomel Oblast, and Naftan OJSC, Novopolotsk, Vitebsk Oblast) failed enter into long-term oil supply contracts with Russia, and, after the ban was imposed, they would redirect the released volumes to their main sales markets (Ukraine and the EU). </p> <p> </p> <p> As reported, according to the intergovernmental agreement, which had been in force until March 2017, Belarus was to supply 1 million tonnes of petrol to the Russian Federation a year. The actual supply in 2015-2016 totaled 250,000 tonnes. In October 2018, Russia imposed an embargo on duty-free deliveries of Russian oil products to Belarus until 2024. The plan on supplies to consumers in the regions that border on the Russian Federation only provided for 200,000 tonnes per year, since Russia wanted to prevent unauthorized re-export. Besides, Belarus used to deliver part of oil products produced from Russian oil to the domestic market and exported most of the oil products produced from duty-free Russian oil. The Ministry of Finance of Russia estimated the budget losses at $150 million in export duties per year. End </p>
2020-06-03
Primepress
Russia temporarily bans fuel imports June 2, 2020
MINSK, Jun 2 - PrimePress. The Russian government has imposed a temporary ban on the import of gasoline, diesel fuel, kerosene, marine fuel and gas oil on June 2, 2020, the Federal Customs Service of the Russian Federation reports.
Russia announced the temporary ban on fuel imports on May 25. The ban is expected to be in force until October 1, 2020, but, if necessary, the period may be extended until June 15.
The ban does not apply to fuel transported through the Russian Federation in transit; fuel in technological tanks used along the route; fuel imported into the Russian Federation before the entry into force of this decision, in respect of which no actions related to customs declaration and release have been completed; fuel transported by individuals for personal use.
Argus Media said on May 18 that supplies of Belarusian petrol to Russia by rail showed a sharp increase in April 2020 to 40,100 tonnes (nearly 1.5% of Russia’s total petrol consumption) to compare with 200 tonnes shipped in 2019.
This increase took place because in April, the wholesale prices of Belarusian petrol for Russian consumers was at least 500 Russian rubles ($7.17 at the rate of the Central Bank of the Russian Federation) per tonne lower than Russian fuel (taking into account transportation costs). For this reason, the Russian Ministry of Energy proposed on April 12 to temporarily ban the import of petrol into Russia to support the domestic oil refining industry.
Spokesman for Belneftekhim state petrochemical concern Alexander Tishchenko said on May 26 that the Belarusian oil refineries (Mozyr Refinery OJSC, Gomel Oblast, and Naftan OJSC, Novopolotsk, Vitebsk Oblast) failed enter into long-term oil supply contracts with Russia, and, after the ban was imposed, they would redirect the released volumes to their main sales markets (Ukraine and the EU).
As reported, according to the intergovernmental agreement, which had been in force until March 2017, Belarus was to supply 1 million tonnes of petrol to the Russian Federation a year. The actual supply in 2015-2016 totaled 250,000 tonnes. In October 2018, Russia imposed an embargo on duty-free deliveries of Russian oil products to Belarus until 2024. The plan on supplies to consumers in the regions that border on the Russian Federation only provided for 200,000 tonnes per year, since Russia wanted to prevent unauthorized re-export. Besides, Belarus used to deliver part of oil products produced from Russian oil to the domestic market and exported most of the oil products produced from duty-free Russian oil. The Ministry of Finance of Russia estimated the budget losses at $150 million in export duties per year. End