Belarus Increases Transit Tariff for Oil Products

03.01.2011 11:23
Архив Редакция

Transit tariff for a ton of oil products at a distance of 100 miles across the country has increased from $1.6 to $1.64 in Belarus since January 1, 2011. It is provided by the resolution № 157 of the Ministry of Economy of November 1, 2010 "On the tariffs for oil transportation through trunk pipelines, located in the territory of the Republic of Belarus".

The resolution was adopted in accordance with an agreement between the governments of Belarus and Russia of June 8, 2004 on cooperation in the trunk pipelines’ operation in Belarus, BelTA informs.

However, Belarus will receive Russian crude oil and petroleum products free of duties and restrictions on the volume since January 1, 2011. This decision is provided by the agreement of December 9, 2010 on the order of payment and transfer of export duties (other duties, taxes and charges with equivalent effect) when exporting crude oil and certain petroleum products from the territory of Belarus beyond the Customs Union.

The agreement also provides for new conditions of oil supply in Belarus, regulates the collection and export duties’ remittance to the Russian budget when exporting crude oil and certain petroleum products from the territory of Belarus beyond the Customs Union.