Tuesday, February 8, 2011

Russia resumed oil supplies to Belarus may be overcharged $ 1,000,000,000

 According to Russia's new web
cited Russia's

It was reported that Belarusian petrochemical company spokesman 马林娜科斯 autumn Qinke said agreement has been signed, the supply of raw materials for the preparation of documents to the refinery. Belarus, the Russian Energy Ministry representatives and government spokesman has confirmed the news. Russian oil pipeline company spokesman Igor Benjamin said yesterday resumed oil shipments. However, the parties did not disclose the new supply conditions.

effect from January 1, because the Belarusian petrochemical company with Russian oil companies could not agree on a price for the supply of Russian petrochemical company in Belarus interrupted oil supply. Russian officials said Minsk would like to Urals crude oil export tariffs and Belarus premium minus the cost of overseas transportation purchase - about $ 360 per tonne, but Russian companies want to get half the profit of Belarusian oil refineries, so that all customers consistent profitability. He said that in January the prices should rise about 45 U.S. dollars per ton, and in accordance with oil price fluctuations.

Russia and Belarus the negotiations between the companies so stalled, the issue ultimately resolved by the negotiations between the two governments. Belarusian petrochemical company said its reserves only enough to use the end of January.


A source said the final in Moscow to meet the requirements received, in January the price go up $ 46 per ton. Petrochemical Corporation of Belarus plans to buy 21.7 million tons in 2011 to Russian oil. Thus, according to current prices, the Russian suppliers this year to more than income 10 billion. However, the news is not yet confirmed.

the first quarter of this year, should supply oil to Belarus, Russian companies including Lukoil (100 tons), Surgut Oil and Gas Company (100 tons) and the Russian oil (90 tons) . Rosneft spokesman confirmed the fall of Qin Ke Coase's message, but did not disclose details. LUKoil and Surgut oil company spokesman declined comment.

(This article Source: China News)

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