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  • Russia and Belarus tax-free oil deal struck
Oil & Gas - Politics & Pricing Politics & International Trade Oil, Gas, Energy, & Power

Russia and Belarus tax-free oil deal struck

30/05/2014

Russia and Belarus tax-free oil deal:  Russia and Belarus have signed a new oil deal under the terms of which Russia is agreeing to supply Belarus with 23-24m tons annually for the next ten years. The agreement also stipulates  that Belarus will get no less than $1.5 billion in oil export taxes and that Russia will fully load Belarusian refineries with tax-free oil. Kommersant

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