Contents tagged with Belarus
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Belarus loses at least $100 million due to poor quality oil from Russia
Belarus has partially resumed its exportation of light oil products to Ukraine, Poland and the Baltic states, after being forced to suspend it due to poor quality oil from Russia. However, its losses have already exceeded $100 million.
“We are now assessing the losses we have experienced in April. At present, they are in the region of $100 million in terms of lost revenue from oil products,” commented Vladimir Sizov, deputy head of the Belarusian state oil concern Belneftekhim on Thursday 25 …
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Ukraine stops Russian oil transit
The national operator of Ukraine's oil transport system Ukrtransnafta in its message on Facebook announced that on the evening of April 25 Ukrainian side was forced to suspend Russian oil transit via the Druzhba pipeline.
"In accordance with the terms of the current agreement, Ukrtransnafta has the right to stop accepting Russian oil, if the raw materials do not meet the quality indicators. All material losses are borne by the party who did not comply with their duties," said the operator. …
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Czech Republic follows Poland, rejects contaminated Russian oil
The scandal surrounding the incident at Transneft, which resulted in chlorine-containing substances mixing with Russian oil, continues to gain momentum.
Poland stopped accepting the oil and closed the western line of the Druzhba oil pipeline, which leads to Germany, early on Thursday. Now the Czech Republic has also stopped accepting the Russian oil, Reuters reports, citing two sources in the market.
Alongside Hungary and Slovakia, the Czech Republic receives oil through the second, southern …
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Belarus turns away from Russian oil after quality scandal
By the end of the year, Belarus plans to start buying oil from sources outside Russia after oil with excess levels of chlorine put Belarusian pipelines and refineries on the brink of technological collapse.
Deliveries from alternate sources will come in from ports in the Baltic States and Ukraine, Deputy Director General of the Belarusian Oil Company (BNK) Sergey Grib said on Tuesday.
The company is considering suppliers from Saudi Arabia, Nigeria and Azerbaijan that have grades of a similar …
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Poland reports deterioration of Russian oil quality
Poland has recorded a deterioration in the quality of oil received from Belarus via the Druzhba pipeline, reports Forsal citing the Polish pipeline operator PERN.
PERN received a fax from Gomeltransneft, which reported an increased content of organochlorine compounds in the raw materials, and later “noted this in crude oil that entered Poland”. PERN informed the Polish and German refineries about the decline in oil quality.
“We are monitoring the situation on an ongoing basis,” stated the …
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Belarusian oil refinery blames Russian oil for the equipment damage
The representatives of the Mozyr Oil Refinery in Belarus stated that poor-quality Russian oil led to the breakdown of expensive equipment, informs BelTA.
“The poor quality of the processed raw materials affected the work of the equipment,” told representatives of the refinery. They clarified that the company processes Urals oil with high chloroorganic content and high corrosive activity.
On April 19, the Belneftekhim corporation reported a deterioration of the oil quality coming from Russia . …
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Belarus limits export of petroleum products from Russia
Belarus will temporarily limit deliveries of petroleum products for export due to the quality of Russian oil, said Deputy Chairman of the Belneftekhim concern Vladimir Sizov after an operational meeting of personnel monitoring the supply of oil, BelTA reported.
It was explained that the need to limit exports comes from “the active risk of processing raw materials with degraded quality” and carrying out the planting season in Belarus. Sizov noted that deliveries will resume after the “the …
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Belarus to demand compensation from Russian Transneft for low-quality oil
Belarusian Concern Belneftekhim will demand compensation from Russian company Transneft for a low-quality oil delivery, said the Concern’s chairman Andrei Rybakou, reports BelTA.
“All possible consequences will be discussed with Transneft at the upcoming meeting. The Belarusian side will insist on working out compensation mechanisms,” Rybakou said. “The oil must be replaced with a quality product that does not contain more than the permissible concentration of organochlorine. We are working on …
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Belarus accuses Russian ambassador of destroying relations during last several months
The Ministry of Foreign Affairs of Belarus commented on the Russian Ambassador Mikhail Babich’s statements, who objected to the President of Belarus Alexander Lukashenko with regards to the cost of building the Belarusian nuclear power plant.
External forces have previously tried to “destroy the close and friendly relations between two brotherly nations,” told reporters Anatoly Glaz, the head of the department of information and digital diplomacy of the Belarusian Foreign Ministry. The …
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Lukashenko threatens to limit Russian oil transit to Europe
Russia-Belarus relations are being stretched to their limits. In response to the Russian phytosanitary regulatory authority’s recent decision to ban the import of Belarusian apples and pears, Minsk has now threatened to target Russia’s oil transit to Europe.
Russia “has already grown so brazen that it has started to force our hand,” said Belarusian President Alexander Lukashenko on Thursday.
He added that, if needed, Belarus is prepared to close the oil pipelines for repair, even if this …