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Belarus And Russian Federation Agreed On Supply Of Petroleum Products

Belarus And Russian Federation Agreed On Supply Of Petroleum Products

The details have not been disclosed.

The Minister of Energy of Russia, Alexander Novak, and the Deputy Prime Minister of Belarus, Ihar Liashenka, agreed on indicative balances and protocols on oil products for November – December 2018, as well as for 2019. They signed the corresponding document during the meeting in Moscow, the website of the Russian Ministry of Energy reports.

They also signed a protocol that makes changes to the 2007 agreement between the governments of Russia and Belarus on measures to regulate trade and economic cooperation in the field of oil and oil products exports. In addition, Novak and Liashenka discussed relations between the countries in this area. The meeting was also attended by the Deputy Head of the Russian Cabinet of Ministers, Dmitry Kozak.

The representative of the Deputy Prime Minister Dmitry Kozak, Ilya Dzhus, in a conversation with RBC, called the documents signed during the meeting the result of “the continuous work of the two governments to remove the long-standing problems in the field of energy cooperation.” “We have reached important agreements on eliminating “gray” schemes when supplying petroleum products within the framework of the “union state,” which led to the shortfall in revenues of Russia’s federal budget,” – he said. In addition, a source, close to one of the parties to the negotiations, says that zero indicative balances for the supply of dark oil products were agreed on.

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