Russia to supply 5.85m tonnes of oil to Belarus in Q4 2014

      Russia will supply Belarus with 5.85 million tonnes of oil in the fourth quarter of 2014. The agreement was reached in a meeting between Prime Minister of Belarus Mikhail Myasnikovich and Energy Minister of Russia Alexander Novak in Minsk, the press service of the Russian Energy Ministry reports.
      The talks were focused on additional supplies of the Russian oil to Belarus in Q4 2014 and the balance of oil stock and oil products for the Union State in 2015. The parties agreed to approve the balance for 2015 by 15 September 2014.
      The head of the Energy Ministry confirmed Russia’s readiness to deliver 23 million tonnes of oil next year under the condition of Belarus’ counter deliveries of 3.3 million tonnes of oil products, the press service noted. The parties also discussed the possibility to increase the transit of the Russian oil across Belarus.