In March, the State Oil Company of Azerbaijan will deliver three shipments of oil to Belarus. “Belneftekhim will receive about 250 thousand tons of raw materials through the port of Odessa and the Odessa-Brody oil pipeline,” Interfax reports.
The first shipment of oil was transfered from the port of Ceyhan (Turkey) on Friday, March 6. Within a month Azerbaijani company SOCAR Trading will deliver two more tankers of 80 thousand tons of raw materials to the port of Odessa.
“There are agreements with SOCAR Trading on delivery of three shipments of oil in March with total volume of about 250 thousand tons to the port of Odessa region. Then the oil will come through the pipeline Odessa-Brody, and then through Brody-Mazyr to the Mazyr refinery,” Belneftekhim reports.
Earlier in February, Belneftekhim informed that it had purchased 160 thousand tons of Russian oil from traders without paying a premium, with transit through Lithuania. Belarusian oil export company BNK informed the railway of Lithuania that tankers are expected on March 3-4 and March 13-15.
The company Lietuvos gelezinkeliai plans to transport 100-150 carriages of oil per day from Klaipeda to the Belarusian border, and the entire cargo should be delivered within 10 days.
- Earlier, the cost of oil for Belarus was calculated by the formula “market value + premium to suppliers. However, given the implementation of the next stage of the tax maneuver by Russia, the price of Russian oil for Belarus has increased (according to Belneftekhim, now the price is about 83% of the world one). Under these circumstances, Minsk considered the old oil formula unfair and refused to pay the premium. Because of this, in late 2019, Belarus was unable to enter into oil contracts with major Russian suppliers like Rosneft, Surgutneftegaz and Gazpromneft.
