BELARUS NEWS AND ANALYSIS

DATE:

09/01/2009

Belarus Raises Oil Transit Rates 22.5%

MINSK. Jan 8 (Interfax) - Belarus raised oil transit rates by 22.5% from January 6.

"From January 6 the oil transit rate via the route from Unecha (Vysokoye) to Adamova Zastava [towards Poland and Germany] will be raised by 22.5% to 3.43 euro per tonne," says the Economic Ministry's resolution of January 5 2009, available to Interfax.

The rate for pumping oil via the Unecha (Vysokoye) - Brody route [towards Ukraine] has been raised by 22.5% to 1.47 euro per tonne.

The resolution also increases the rate per tonne of imported oil pumped via the Gomeltransneft Druzhba pipeline to the Mozyr NPZ oil refinery [Unecha-Mozyr-Mozyr NPZ) by 21.7% to 0.73 euro from January 6.

Earlier reports said that Belarus last raised the rates for oil transit on January 6 2008. The rate for pumping oil via the Unecha (Vysokoye) - Adamova Zastava pipeline was raised by 15.7% to 2.8 euro per tonne, and the rate for the Unecha (Vysokoye) - Brody route by 16.7% to 1.2 euro per tonne.

About 70 million tonnes of Russian oil passes through Belarus each year, mostly through the Gomeltransneft Druzhba pipeline. Shipments to the Mozyr oil refinery included, the Gomeltransneft Druzhba pipeline handles 80 million - 81 million tonnes of oil, annually.

The Novopolotsk Druzhba pipeline has not been transiting oil since August 2006, after oil shipments to Lithuania were halted due to a breakdown on the Russian stretch of the pipeline.

The Gomeltransneft Druzhba pipeline running towards Poland and Germany, and towards Ukraine is 1,900 kilometers long.

Source:

http://www.istockanalyst.com/article/viewiStockNews/articleid/2939382

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