Belarus raises Russian oil transit tariffs

A manometer and sign are seen at the Korchagina oil platform operated by Lukoil company in Caspian Sea, Russia October 17, 2018. Sign reads "Oil". Picture taken October 17, 2018. REUTERS/Maxim Shemetov

The Ministry of Antimonopoly Regulation and Trade has set new tariffs for services for the transportation of Russian oil via Belarusian trunk pipelines.

In a press release, the ministry noted that the new tariffs were determined in strict accordance with bilateral agreements between Belarus and Russia. The revision of tariffs is a planned event that occurs annually, reports.

Tariffs are changing in line with the average annual consumer price index determined by the parameters of the Russian socio-economic development forecest (4.6% in 2019), increased by 3%.

Thus, for 2019, the tariffs for oil transportation services through the Belarusian main pipelines have been indexed by 7.6%.

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