Oil and Gas

The Russian gas monopoly Gazprom argues that Belarus buys gas at the price of production and transportation cost.

The decision has not been made, Deputy Chairman-Mgmt Board at Gazprom PAO Andrei Kruglov told journalists.

It will happen in March, vice PM Uladzimir Syamashka thinks.

At the same time, oil refineries are suffering losses, said the head of the country.

Fuel prices in Belarus remain steady despite a huge drop in crude oil prices. How come?.. explains a petrochem monopoly official.

Belarus promises to deliver to Russian gasoline and diesel fuel in full, but only if it is profitable.

The last time Belarus raised the transit fees for Russian crude was six months ago.

‘The black gold’ keeps setting low price records.

The next meeting on this subject has not been set.