Business news

29 Apr 2020

Belarus buys oil from Saudi Aramco

Photo courtesy of Getty Images

MINSK, 29 April (BelTA) – Belarus has bought the first batch of oil from the Saudi Arabian national oil company Saudi Aramco, BelTA learned from Aleksandr Tishchenko, Press Secretary of the Belarusian state petrochemical concern Belneftekhim.

According to the source, Belarus has bought 80,000 tonnes of oil from Saudi Aramco. A tanker is expected to deliver this oil to the Klaipeda port, Lithuania on 11 May.

Speaking about plans to buy more oil from Saudi Aramco, the Belneftekhim press secretary noted: “Market will show how we will proceed.”

BelTA reported earlier that Belarus intends to get 1.13 million tonnes of oil from Russia in May. Work with alternative sources will continue. Volumes will be determined depending on the situation on the domestic market and foreign ones.

Belarus received about 2 million tonnes of oil in April. As much as 1.56 million tonnes was delivered from Russia by pipeline and by rail. The rest was delivered by tankers and extracted in Belarus.

Major Russian oil companies resumed oil deliveries to Belarus in April. Apart from that, in April a batch of Azerbaijani oil was delivered to Mozyr Oil Refinery via the Odessa port. OAO Naftan received a batch of Norwegian oil with transshipment in the Klaipeda port. The two tankers delivered 85,000 tonnes each.