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12-10-2016, 17:33

Belarus annuls oil transit tariff increase

The Ministry of Antimonopoly Regulation and Trade (MART) of Belarus issued Resolution No.34 of 7 October 2016 to annul Resolution No.30 of 28 September 2016 that envisaged the increase in tariffs on the transit of oil.

The relevant information has been posted on the National Legal Internet Portal, BelTA informs.

Under the document, MART's Resolution of 28 September 2016 “Concerning the tariffs on oil transportation through the major pipelines of the Republic of Belarus” shall be considered to have lost force.

The Resolution also introduces the earlier-valid tariffs on oil transportation through the major pipelines of Gomeltransneft Druzhba and Polotsktransneft Druzhba.

In particular, the tariff on the transportation of oil will remain RUB267.32 per tonne netto (not including VAT) via Unecha (Vysokoye)-Adamova Zastava route, RUB114.82 via Unecha (Vysokoye)-Brody, and RUB32.31 via Nevel (Velikiye Luki)-Polotsk-Vysokoye.

The resolution will come into effect on 12 October.

Earlier, Belarus' Deputy Prime Minister Vladimir Semashko informed that Belarus and Russia reached a compromise regarding oil supplies. In his words, Russia will restore its oil deliveries to Belarus, and Belarus will revoke its decision to increase transit tariffs.

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