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18 Mar 2015

Belarus to resume gasoline deliveries to Russia after consultations

MINSK, 18 March (BelTA) – In January-February Belarus delivered the expected amount of oil products to Russia, BelTA learned from Belneftekhim head Igor Lyashenko on 18 March.

The official said: “As far as the delivery of oil products to the Russian market is concerned, we honored our commitments in January-February. In March when the economic situation of the shipments changed, we used the amendment to the agreement that allows suspending deliveries if profits of the Belarusian side are reduced until consultations are held and some additional measures are worked out”. Igor Lyashenko specified that no deliveries were made in March but the deliveries will be resumed once they are economically profitable.

In January-February 2015 Belarus supplied 140,000 tonnes of gasoline to Russia.

Recent mass media reports indicate that Belarus would like Russia to reduce the previously agreed volumes of gasoline deliveries. In particular, the Vedomosti explained that Belarusian plans had been changed due to the devaluation of the Russian ruble that made gasoline sales to other countries more profitable.

Later on mass media quoted Russian Vice Premier Arkady Dvorkovich as saying that Russia is not going to limit oil deliveries to Belarus due to Minsk reducing the shipment of oil products. “We are not going to take any symmetric measures as far as oil supplies are concerned. We are not going to artificially limit the deliveries,” said the official.

In accordance with the indicative plans for the delivery of fuel and energy resources in 2015 Belarus is expected to get 23 million tonnes of oil, including 22 million tonnes via pipelines. Belarus is expected to supply 1.8 million tonnes of gasoline to Russia.

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