Putin and Lukashenko to resolve the issue of oil duties and calculation for gas

© RIA Novosti / Sergey Goneeverything in potomacfever Putin and President of Belarus Alexander Lukashenko during a meeting. 21 Sep 2018Putin and Lukashenko to resolve the issue of oil duties and calculation for gas© RIA Novosti / Sergey Goneeverything the image Bank

The presidents of Belarus and Russia Alexander Lukashenko and Vladimir Putin in a telephone conversation, which took place after Friday’s talks in Sochi, finally settled the questions about admission to the Belarusian budget from customs duties for crude oil and the calculations of Minsk for the supply of natural gas, said on Saturday the press service of the Belarusian leader.

«At the initiative of the Russian side telephone conversation of President of Belarus Alexander Lukashenko with Russian President Vladimir Putin. The heads of state clarified several issues that had been discussed at the talks in Sochi», — quotes Lukashenko’s press service.

In particular, the message reads, «finally resolved the issue of execution of agreement on receipt in the budget of Belarus of funds from customs duties for crude oil and the calculations by Belarus for the supplied natural gas company «Gazprom».

In 2017, Belarus received the right to re-export 6 million tons of duty-free supply of Russian oil — with the crediting of export duties in the budget. This mechanism, the parties called «peritumoral». In late August of this year, Lukashenko said that the Russian side lists the identity of all duties from re-exporting Russian oil, despite the previously reached agreements.

On Friday in Sochi were Russian-Belarusian talks at the highest levels. According to their results, the Belarusian leader said that «the main issue that was discussed was related to a refund from the «Peremogi» of crude oil to the Belarusian budget.»

In addition, earlier Minsk and Moscow discussed the issue of the price formula on Russian gas for Minsk in 2020-2024 years. Before the parties agreed on the price formula for gas in 2018-2019, and then at the level of Vice-premiers of the two countries began negotiations on the terms of gas supplies to Belarus in the following years until the creation of a unified gas market in the EEU. It was reported that Belarus would like to July 1, 2019 to negotiate with Russia on this issue.