Russia to reimburse premiums to its oil suppliers paid by Belarus
<p> MINSK, Jul 15 - PrimePress. Russia will reimburse the premiums that Belarus pays supplies of Russian crude oil through intergovernmental transfers. This agreement was approved by Prime Minister of Belarus Roman Golovchenko and Prime Minister of Russia Mikhail Mishustin at the meeting held July 14 in Moscow. </p> <p> </p> <p> According to the government of Belarus, following the talks on July 14 in Moscow, Golovchenko told reporters that the parties had reached an agreement on the terms of supplies of Russian oil to Belarus. He did provide details, saying that it was a technical agreement that regulates payments for energy supplies. </p> <p> </p> <p> Golovchenko said all issues regarding oil supplies in 2020 had been resolved, and the terms of supplies after 2020 will be discussed by expert groups. </p> <p> </p> <p> As previously reported, Russia and Belarus have been failing to agree on the full resumption of oil supplies since early 2020 (the plan for 2020 was 24 million tonnes). Belarus argues against the export premium of $10-12 per tonne to Russian suppliers. </p> <p> </p> <p> The parties agreed in March 2020 that the premium would be reduced from $11.7 to $4.7 per tonne, and the $7 discount would be compensated by the Russian government through inter-budget settlements. </p> <p> </p> <p> Russian Deputy Finance Minister Alexei Sazanov told Reuters in June 2020 that Russia could reimburse $60-70 million to Belarus in 2020 through intergovernmental transfers. Compensation after 2020 is yet to be discussed. End </p>
2020-07-16
Primepress
Russia to reimburse premiums to its oil suppliers paid by Belarus
MINSK, Jul 15 - PrimePress. Russia will reimburse the premiums that Belarus pays supplies of Russian crude oil through intergovernmental transfers. This agreement was approved by Prime Minister of Belarus Roman Golovchenko and Prime Minister of Russia Mikhail Mishustin at the meeting held July 14 in Moscow.
According to the government of Belarus, following the talks on July 14 in Moscow, Golovchenko told reporters that the parties had reached an agreement on the terms of supplies of Russian oil to Belarus. He did provide details, saying that it was a technical agreement that regulates payments for energy supplies.
Golovchenko said all issues regarding oil supplies in 2020 had been resolved, and the terms of supplies after 2020 will be discussed by expert groups.
As previously reported, Russia and Belarus have been failing to agree on the full resumption of oil supplies since early 2020 (the plan for 2020 was 24 million tonnes). Belarus argues against the export premium of $10-12 per tonne to Russian suppliers.
The parties agreed in March 2020 that the premium would be reduced from $11.7 to $4.7 per tonne, and the $7 discount would be compensated by the Russian government through inter-budget settlements.
Russian Deputy Finance Minister Alexei Sazanov told Reuters in June 2020 that Russia could reimburse $60-70 million to Belarus in 2020 through intergovernmental transfers. Compensation after 2020 is yet to be discussed. End