Belarus to raise oil transportation tariffs in February due to losses caused by polluted oil

26.09.2019

Belarus will raise tariffs on oil transportation in February due to losses caused by the polluted Russian oil situation, experts said during the international conference. By raising oil transportation tariffs as from 1 September about $2 million in earnings will be generated by the end of the year, yet this is not enough. At least 6 million tons of the planned oil will not be pumped this year, taking into account the logistics of the market when the oil volumes were replaced primarily by sea supplies. The size of the increase in oil transportation tariffs will be determined through negotiations.

Share: