Date: a month ago   Category: Economy

Novak called supply of oil products to Belarus inexpedient - RIA Novosti, 9/3/2018


Oil production. Archival photo
MOSCOW, 3 Sep — RIA Novosti. The Ministry of Energy of the Russian Federation doesn't see economic feasibility in duty-free supply of oil products to Belarus, indicative balances of deliveries for 2019 are at the moment discussed, the head of the ministry Alexander Novak.© RIA Novosti / Vitaly Timkiv has told journalists to Pass into an image bank In Belarus have estimated consequences of tax maneuver zero figures on supply of oil products from Russia to Belarus because Belarus provides itself completely due to processing of the Russian oil with own oil products are provided in the Russian oil industry "At us by indicative balances. In this regard there is no economic feasibility in supply of the Russian oil products to Belarus because they can just be exported (to be re-exported. — Editor's note) " — Novak has told. At the same time, according to him, in 2018 some types of oil products from Russia nevertheless were delivered to Belarus because at the countries a common economic space. "In this sense we make annually the balance with the Belarusian colleagues, is defined now for 2019" — the Russian Minister of Energy has noted. On a question whether it is planned to establish the extreme volume of supply of oil products from Russia to Belarus, he has answered so: "Yes, also within indicative balance and the list according to the product range of foreign economic activity to coordinate parameters with the Belarusian colleagues". © Sputnik / Miroslav Rotar Pereyti in Lukashenko's image bank has said that Russia violates arrangements in an oil and gas sferev to the middle of August at that time the first Deputy Prime Minister of Belarus Vasily Matyushevsky has reported that Moscow and Minsk conduct negotiations on possible restriction of duty-free supply of the Russian oil products. The intergovernmental agreement between two countries accurately establishes only the volume of duty-free supply of oil from Russia to Belarus — 24 million tons per year. Indicative balances of supply of oil products of the country coordinate annually till October 1. Minsk leaves in the budget duties from export of the oil products received from the Russian oil. Since 2017 Belarus has acquired the right for re-export of six million tons of the Russian oil with transfer of duties also in the budget. At the same time, in case of re-export of the duty oil products imported from Russia also receives the Belarusian budget whereas Russian misses them.

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