Kazakhstan is ready to supply oil to Belarus after the Single Economic Space (SES) starts operating, Kazakhstan's ambassador to Belarus Anatoly Smirnov said Wednesday at a press conference.
"We will supply oil to Belarus. It will be easier to solve this problem within the framework of the Single Economic Space," Smirnov said.
He noted that his country produces 80 million tones of oil per annum. "Thus we can supply oil to Belarus. Oil transit capacity via Belarusian pipelines is about 5 million tones," he said.
Belarus has agreed with Venezuela on the purchase of 10 million tones of Venezuelan oil annually for three years. After the introduction in 2010 duties on crude oil shipped from Russia in excess of domestic consumption, Belarus has been actively looking for alternative sources of oil supply.