Russian companies to supply oil to Belarus without premiums
Russian companies will supply oil to Belarus without premiums, BelTA learned from Prime Minister of Belarus Sergei Rumas on 24 March.
Sergei Rumas said: “Since late 2019 Belarus has been negotiating the acquisition of Russian oil for our oil refineries without a premium. Literally on Saturday we came to an agreement with the Russian government that all the Russian companies will be able to supply oil without a premium.”
In his words, premiums paid to Russian companies were as high as $11.7. “Companies will reduce this premium by $7. In other words, the companies will supply oil with a premium of $4.7. It will be settled by interbudget transactions. I mean the Russian Federation government will take care of the $4.7,” the prime minister explained.