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Thursday, 04 December 2008

Oil transit tariffs in Belarus to be increased 1.5 times on January 1

On January 1, 2009, Belarus’ transit tariffs on oil products will go up 52.8% to total $1.36 per tonne per 100 kilometres. The relevant decision is contained in Resolution No 224 of the Economy Ministry of Belarus “On tariffs on oil transportation via the main oil pipelines in the Republic of Belarus”, BelTA learnt from the press service of the Economy Ministry. “The resolution was adopted in line with the agreement signed by the Government of the Republic of Belarus and the Government of the Russian Federation on June 8, 2004 on the cooperation in exploiting the main oil pipelines located in the Republic of Belarus,” the Economy Ministry said. In 2004, this intergovernmental agreement defined Belarus’ oil transit tariff which is effective now - $0.89 per tonne per 100 kilometres. The Zapad-Transnefteprodukt, a subsidiary of Russia’s Transnefteprodukt Company, provides transportation of Russian oil products via Belarus.

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Written by belta.by

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