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Russia to pay Belarus more than $60 million for dirty oil

Christian Fernsby ▼ | February 27, 2020
Russia and Belarus have signed a protocol on compensation for the dirty oil which ended up in the Druzhba pipeline in spring 2019, based on a calculation of $15 per barrel, said Vladimir Sizov, deputy head of the Belarusian state oil concern Belneftekhim, as cited by BelTA.
Vladimir Sizov
Energy in Russia   Vladimir Sizov
The compensation rate applies to 563,000 tons of dirty oil that was processed by the Mozyr refinery, Belneftekhim spokesperson Alexander Tishchenko explained to RBC.

Topics: Russia Belarus oil

In this way, Belarus could receive $61.6 million from Transneft.

This is the maximum compensation for the dirty oil, and there is no talk of any additional payments, Tishchenko added.

Recently Belarusian Ambassador to Moscow Vladimir Semashko said that the Belarusian company is expecting around $70 million in compensation for its losses.

Belneftekhim will continue to supply Transneft with technical documents confirming the equipment damage caused by the dirty oil, the Belneftekhim spokesperson noted.

Transneft’s spokesperson did not respond to a request for comment.