Belarus is planning on buying oil from Russia at world market prices, TASS reported quoting Belarusian First Deputy Prime Minister Dmitry Krutoi said on Sunday.
“As for the agreement on oil, the oil market, the Russian side has agreed that Belarusian oil refineries will buy oil under agreements with Russian oil companies at the world market prices,” he said, according to BelTA agency.
“This is what our president [Alexander Lukashenko], the Belarusian side insisted on throughout the talks,” he said. “Belarus doesn’t need any special exclusive terms. We want to buy oil at global prices.”
Allegedly, Russia’s President Vladimir Putin agrees with the same approach.
“Moreover, he promised that the Russian government will offer all possible assistance in our work with Russian oil companies to see to it that supplies to Belarusian oil refineries are carried out on the terms I mentioned above,” he said, adding that “the intensity of contacts between our economic entities has increased.”
“And we see that about 100 million tonnes of oil out of the overall output in Russia are produced and supplied by not very big companies,” he noted.