Belarus wants to buy oil from Russia at $4 per barrel

Belarus expects to receive 2 million tons of Russian oil at a price of about $4 per barr el in April.

This was stated by Prime Minister Sergei Rumas, BusinessCensor reports.

“Today, I think Belneftekhim will finish negotiations with Russian companies on oil supplies for April. We expect to get 2 million tons”, he said.

He also said that deliveries would be made without premiums.

“The tough and consistent set by the head of state to buy Russian oil without a premium in price is maintained by the government. The result of this position is the price at which we will buy oil in April from the Russian Federation – about $4 per barrel”, said the Prime Minister of Belarus.

To recap, from January 1, 2020, Russian companies stopped supplying oil to Belarus, the parties could not agree on a price.

Earlier it was reported that in March Ukrtransnafta had unloaded three oil tankers for Belarus, which were sent to Mozyr Oil Refinery through the Odesa-Brody-Mozyr oil pipeline system.

Belarus also confirmed that it expected another oil supply through Ukraine in April.

Tags: contracts, oil, hydrocarbon production, tariffs, legislation, Top management, energy market, добыча нефти, drilling, коронавирус, RF, Oil refinery plant, foreign affairs, ОПЕК+, oil transit, export, monopoly, negotiations, Putin, price, agreement, oil products, oil deliveries, gasoline, energy sector, Belarus

Read also

Алжир предложил ОПЕК+ приблизить дату встречи по нефти
Japanese refineries will reduce production
Russia banned the import of petroleum products