Belarus decided to increase oil transit prices

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The Belarusian Ministry of Anti-Monopoly Regulation and Trade stated that starting from February 1, the republic will increase tariffs for transit transportation of oil through the territory of the republic and for domestic consumption by an average of 10.2%. This was reported by RIA News.

The Ministry emphasized that transit route prices are “indexed and determined according to the principle of equality of certain values.”

The Ministry emphasized that transit route prices are “indexed and determined according to the principle of equality of certain values.”

Before that, it was known that he was in Belarus on January 1, 2024. started to take action Zero export tax on crude oil and petroleum products.

In July 2021, St. In St. Petersburg, the presidents of Russia and Belarus, Vladimir Putin and Alexander Lukashenko, agreed that Moscow should pay compensation to Minsk for its tax maneuver. Belarusian Finance Minister Yuri Seliverstov said in November 2023 that Minsk plans to receive a total of 1.3 billion rubles in compensation from Moscow by the end of 2023. Before that, the minister estimated the amount of tax maneuver compensation for 2024 at 2.1 billion rubles.

Previously recognizedWhen oil prices fall to $50 per barrel.

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