Belarus bought the first Saudi oil tanker

Belarus bought the first Saudi oil tanker

Belarus bought the first batch of oil from Saudi Arabia. While we are talking about one tanker with a capacity of 80 thousand tons. This was preceded by a long debate about the price of Russian oil products.

Belarus has paid for the first consignment of Saudi oil. This was reported with reference to press Secretary of the Belarusian state concern “Belneftekhim” Alexander Tishchenko. It is about 80 thousand tons.

“Purchased while one tanker is the first tanker of oil. It should arrive in the port of Klaipeda on May 11. The volume of 80 thousand tons. The seller – the national oil company of Saudi Arabia Saudi Aramco,” said Tishchenko.

Recall that prior to this there was a long dispute about the price of oil products with the Russian side. The Belarusian side demanded to reduce the cost. After negotiations with political leaders in Sochi in early February there was information that Russia will continue to supply oil to Belarus on the same conditions as in 2019. No discount will be. The Deputy head of the Russian presidential administration Dmitry Kozak reported that oil supplies from Russia to Belarus will be continued on a commercial basis. Prices and volumes of supplies of the energy source will be governed by the market. In addition, the terms of the supply of oil to Belarus would not depend on volume.

ALSO READ:  UN called for lifting all sanctions due to coronavirus

“Russia may not dramatically change the regulation of the oil industry, the internal rules will be preserved”, – said Dmitry Kozak.

Soon, however, Alexander Lukashenko made a statement that under existing conditions in the world market of energy resources Russian gas to Minsk should cost no more than $90 for 1 thousand cubic meters. In his opinion, gas prices are tied to oil prices. This means if falling oil prices and the price of gas should be the same. In April, the Belarusian side has sent a request for price revision in the company “Gazprom”.

In May, Russia will supply to Belarus of 1.13 million tons of oil. However, Belarus has said it will look for other alternative ways of supplying raw materials. From the beginning of 2020 due to disputes with Russia about the price of oil to two refineries in Belarus were only half loaded.

Leave a Reply

Your email address will not be published. Required fields are marked *

Social Share Buttons and Icons powered by Ultimatelysocial