News // Politics
Dvorkovich: Russia will resume oil supplies to Belarus in full
04 April 2017 , 14:10Neftegaz.RU733
Russia will resume oil supplies to Belarus in full, Russian Vice Premier Arkady Dvorkovich told the media, belarusian BelTa reported on April 4, 2017.
«Some intergovernmental documents regarding mutual relations in the gas and oil sector will be adjusted. Once they are initialed, Belarus will pay its debt to Gazprom, i.e. Gazprom Transgaz Belarus to the Gazprom subsidiary, and we will resume oil supplies at the full volume of 24 million tonnes,» said Arkady Dvorkovich.
He added that Gazprom would offer Belarus a discount with a decreasing coefficient for the oil price formula for the period from 2018 to 2019.
The relations between the countries after that period will depend on further negotiations, Arkady Dvorkovich added.
The Vice Premier also said that oil supplies might be resumed in April.
«Oil supplies will soon resume, perhaps in April. This will depend on the technical capabilities of the companies,» said Arkady Dvorkovich.
The Presidents of Russia and Belarus settled all the issues in the oil and gas sector, Vladimir Putin said after his meeting with Belarus President Alexander Lukashenko on 3 April.
The 2 heads also reaffirmed their readiness to create necessary fundamental rules and conditions for the common market of electricity by July 2019.
The parties also confirmed readiness to do everything necessary to develop joint rules on the common gas market by 1 January 2018 and prepare to sign an intergovernmental agreement on the common gas market in the Eurasian Economic Union by 2024.
To read the full story in Russian.
00:03 26.03.2018Europe's cold shoulder to Russian gas could lift US LNG export goals
18:00 20.03.2018Russia will stick to the OPEC deal
00:05 19.03.2018New U.S. State Secretary сould discourage global oil output
16:09 16.03.2018Russia and Ukraine to discuss latest gas dispute by end-March