Bank Of Baku

Belarus to raise Russian oil transit tariff‎

Belarus to raise Russian oil transit tariff‎
# 11 January 2011 08:37 (UTC +04:00)
Baku - APA-Economics. Starting on February 1st, Belarus will raise its tariffs for the transit of Russian oil across its territory by 12.5 percent, The Voice of Russia reported.

This decision has been coordinated with the Russian side, the Belarusian Ministry of Economy said.

Moscow and Minsk annually agree on the prices for oil transit and hydrocarbon export duties. In compliance with an agreement reached in late 2010, Russia will supply oil duty-free to Belarus, while duties on oil products will be charged at external borders and transferred to the Russia.
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