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27 February 2020, 18:59

More Russian oil keeps flowing to Belarus

A Belneftekhim office. An archive photo
A Belneftekhim office. An archive photo

MINSK, 27 February (BelTA) – The Russian group SAFMAR will supply 300,000 tonnes of oil to Belarus in March while the company UDS Oil will deliver 50,000 tonnes, BelTA learned from Aleksandr Tishchenko, Press Secretary of the Belarusian state petrochemical concern Belneftekhim.

The spokesman said: “We expect 300,000 tonnes of oil from SAFMAR Group and 50,000 tonnes from UDS Oil.”

Speaking about mass media speculations about possible oil acquisitions from Rosneft and Tatneft, Aleksandr Tishchenko noted that no negotiations on oil deliveries in March are in progress with these companies.

“However, these insider signals can be tied to the latest news about falling prices on the global oil market. More oil of the Urals variety is available in ports now. The volume Belarus used to take has been pumped into tankers,” Aleksandr Tishchenko added.

BelTA reported earlier that five companies will supply oil to Belarus without a premium in addition to the group of companies SAFMAR. Oil will be bought at the market price without a premium.

Two tankers carrying 160,000 tonnes of Russian oil bought for Belarusian oil refineries through traders without paying a premium are expected to reach the Klaipeda port in March as well.

Apart from that, Belneftekhim's deal with the Azerbaijani company SOCAR provides for shipping about 160,000 tonnes of oil by two tankers in March. Oil will be delivered across Ukraine via the Odessa-Brody oil pipeline.

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