Belarus Oil and Gas, Diesel

Belarus plans to keep excise duties rates on petrol and diesel fuel in 2017

Belarus plans to keep the rates of excise duties on petrol and diesel fuel in 2017 at the level of the current year.

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Belarus reduces export duties for oil and oil products from September 1st 2016

From September 1st 2016 Belarus reduces export duties for oil and oil products exported outside the EEU.

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Russian FAS states that Belarus doesn’t fulfill agreement with Russia on oil products sale

Belarus doesn’t fulfill an intergovernmental agreement with Russia on the sale of petroleum products, head of Energy Department of the Federal Antimonopoly Service Dmitry Makhonin said in an

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Belarus increased petrol output by 0.5% in H1 2016

According to the National Statistics Committee of Belarus, the Mozyr oil refinery and Naftan OJSC increased petrol production by  0.5% in H1 2016 against H1 2015 to 2.165 mln tons.

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In January-May, Belarus increased supply of oil products to the Ukraine

In January-May 2016, Belarus increased the supply of petroleum products in the Ukraine by 68.3% compared to the same period of 2015 to 1.913 million tons, the profile department reports.

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Belarus decreases export duties on oil and oil products

On August 1, Belarus will reduce export duties on oil and oil products, exported outside the customs territory of the Eurasian Economic Community.

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Russia has set its conditions on the growth of oil supplies to Belarus

​The negotiations on the oil supply to Belarus go on with no result as yet, A. Novak said.
If Belarus executes its obligations by the contract of gas supply, the volume of oil supply may increase, A. Novak, said.
Russia will redirect free oil volumes for export to the third countries instead of Belarus, in Q3 the volume will make up 2 mln tons, in general 18 mln tons a year.
This is connected with the non-payment for gas and undersupply of oil products from the Belarus plants. Russia is seriously short of budget revenue as the schedule of oil products supply is not executed.
Novak said by Q4 the situation might change.
The head of “Psikheya”, S. Sapegin, said that the reduction of oil supply by 40% by Russia to Belarus, which is the largest oil products supplier to the Ukraine, is an alert to the Ukraine.

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Belarus stopped spot fuel supply to the Ukraine due to oil deficit

​The Belarus oil producers don’t ship products by contracts on the same day basis.
From Monday, July 4th, the Mozyr oil refinery terminated the supplies on the spot conditions. Now the resources are sold only on the TERM conditions (long-term contracts with the validity of at least a month).
Naftan oil refinery announced of the absence of offer of K-5 gasoline in July for the Ukraine.
Now the spot deals can be signed only via the “Belarus oil trade house” but the volume of offer is also restricted there.
The changes are explained by the oil deficit in Belarus due to the reduction of raw materials supply from Russia. According to the forecasts in the market, such a situation will stay for at least the end of Q3.
Russia planned to reduce oil supply to Belarus by 5 mln tons until the end of 2016.

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In Q3, Russia to reduce oil supplies to Belarus 1.5 times

Russia has intended to reduce the schedule of the oil supplies to Belarus in the third quarter of 2016. As it became known on June 16, 2016, Russia plans to reduce the volume of the oil supplies to Belarus 1.5 times.
This was confirmed by A. Novak on the margins of SPIEF-2016.
The schedules of the supply of petroleum products in the third quarter 2016 were signed. What is now provided for by the schedules provides a reduction with respect to the original plans, - said the head of the Ministry of Energy.

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Belarus increases export duties for oil and oil products from June 1st

​From June 1st Belarus increases export duties for oil and oil products exported beyond the Eurasia Economic Union.
The crude oil export duty will be increased from $66 to $80.6/ton. The duty for directly distilled gasoline will increase from $46.8 to $57.2/ton, for saleable gasoline – from $40.2 to $49.1/ton.
The duty for light, medium distillates makes up $32.2/ton (was $26.4). The same duty is set for diesel fuel, benzol, toluol, xylols, greasing and other oils.
On the results of April the stake of Belarus in the balance of the Ukrainian market of oil products made up 84% of import of gasoline and diesel fuel for each type of fuel. The growth of the stake made up 0% and 41% respectively.

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