Belarus expects Russia to pay $640 mln in compensation for refineries - RIA
Belarus expects to receive $640 million from Russia in 2024 to compensate for losses sustained by its oil refineries, Russian state news agency RIA reported on Monday, citing the Belarusian Finance Ministry. Belarus expects to receive $640 million from Russia in 2024 to compensate for losses sustained by its oil refineries. This comes after Belarus stopped importing discounted oil from Moscow in 2019 due to changes to its tax policy. The dispute led to major Russian oil companies suspending supplies to Belarus in 2020, disrupting Belarusian oil exports to Germany. Russia agreed in 2021 to compensate Belarus for its losses on an ongoing basis.
Yayınlanan : 2 yıl önce ile Reuters içinde Business
MOSCOW, Oct 23 (Reuters) - Belarus expects to receive $640 million from Russia in 2024 to compensate for losses sustained by its oil refineries, Russian state news agency RIA reported on Monday, citing the Belarusian Finance Ministry.
Belarus used to import discounted oil from Moscow for years and resold some of it, as well as oil products refined from the Russian crude, on to Europe. Russia stopped the practice in 2019 amid changes to its tax policy, resulting in costs of $330 million to Belarus that year, according to Minsk's estimates.
The row between the two states even led to major Russian oil companies suspending supplies to Belarus at the start of 2020, which in turn disrupted Belarusian oil exports to Germany.
Russia agreed in 2021 to compensate Belarus for its losses on an ongoing basis.
Konular: Russia, Belarus, Russia-Ukraine War