Belarus plans to increase cost of transit of Russian oil from January 1, 2017 20.5%. TASS reported on Friday a source in one of the oil transportation companies of Belarus. According to him, the notification in “Transneft” on this occasion sent sent “Homeltransneft Friendship” and “Polotsktransneft Friendship”.

The official representative of “Transneft” Igor Demin confirmed to the Agency that the company received suggestions. However, as noted Demin while the company did not see the reasonableness of this increase. In the near future, the Federal Antimonopoly service (FAS) of the Russian Federation will be sent to the application, stating that the company does not agree with such an increase. Supervisory authority shall decide on the rate.

If tariff authorities of the countries do not agree on the size of tariffs, the competent authority of the Belarusian side will adopt the size of the tariff for oil transportation – by increasing the existing rates of tariffs on the annual average consumer price index for the current year is set by the parameters of the forecast socio – economic development of the Russian Federation, increased by not more than 3%.

Earlier, Belarus has already announced its intention to raise tariffs for the transit of Russian oil. The decision of the Ministry of Antimonopoly regulation and trade of the Republic of September 28, 2016, the tariffs for the transit of Russian oil through the territory of the Republic was increased by 50%.

The document was to take effect from October 11. However, the day before the President of Belarus Alexander Lukashenko saidthat Minsk and Moscow settled the issue in the sphere of energy supplies. In Minsk has declared, that Russia will restore the volumes of oil supplies to the Belarusian side, reduced with the beginning of the year, while Belarus will cancel the decision on increase of tariffs on oil transit. The same day Prime Minister of Russia Dmitry Medvedev saidthat the gas price for Belarus will remain at the same level.

Belarus were to fully repay the debt on payments for Russian gas. The parties also agreed to intergovernmental compensation for the gas supply to Belarus, which will allow by July 1, 2019 to provide equal conditions for the price of gas for energy producers by 1 January 2025 for all other consumers of oil and gas.

Earlier, the head of the energy Ministry of Belarus Vladimir Potupchik said that Belarus 21 October, will list unpaid for Russian gas resources. At the same time in late October, Deputy Prime Minister Arkady Dvorkovich explainedthat the money Minsk is not listed, as the parties agreed that this should be combined with the signing of agreements on some other topics.

Belarus is going to increase by 20.5% of the price of Russian oil transit 25.11.2016

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