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Home  »  Russia  »  Economics

Russia and Belarus signed in 2010 without an agreement on supplies and transit of oil.

Belarus, Russia has offered to save duty-free supply of oil in volume to 6 million tonnes, Minsk from Moscow sought to maintain preferential export duties.

January 1, 2010 expiration of the old "oil" agreement between Russia and Belarus on the supply and transit of Russia's oil.

Belarus, Russia has offered 6 million tons of oil free of duty, and everything else - without any discounts.

Hydrocarbons, which are then processed in Belarusian refineries are exported, in Moscow intend to impose a 100% duty, which will bring to Russia's budget 3.4 billion dollars in revenue from exports and 1.3 billion dollars in damages from the duty-free exports. In 2009, Russia took a Belarusian export duty only in the amount of 35,6% of the ordinary. The Belarusian side proposed a scheme of oil supplies.

8-9 million tons of oil should be supplied to the domestic market of Belarus duty free, but with the remaining 12,5-13,5 million tons of export Russia should take the duty from 15% discount.

the Belarusian scheme of Russia's budget gets $ 900 million revenue and $ 2 billion loss. Belarus buys from Russia more than 20 million tons of oil, of which goes to the domestic market, but most of the pumps in Europe. Oil produced from low-cost Russia's oil, still accounted for about one third of Belarusian exports and have become one of the main sources of income in the national budget (6.5 billion dollars).

January 9 will be another round of talks. According to the Belarusian side, linked to the creation of a customs union of Russia, Belarus and Kazakhstan in the domestic trade between the three countries may not be fees and limitations.

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