Azerbaijan state-owned company SOCAR confirms early oil delivery to Belarus

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Azerbaijan’s mineral oil company SOCAR (State Oil Company of Azerbaijan Republic) will process a first batch of crude oil for Belarus in the near future. This was announced by group spokesman Ibragim Akhmedov on Wednesday in the Azerbaijani capital Baku.

Earlier, Alexander Tischchenko, spokesman for the Belarusian energy supplier Belneftechim, announced that SOCAR in March two tankers with oil to Odessa (Ukraine) posted. After the transshipment, crude oil will be pumped to Belarus via the Odessa-Brody pipeline.

“We confirm that a tanker will soon bring crude oil to Belarus. Negotiations are underway for a second tanker, ”added Achmedow.

No agreement between Moscow and Minsk

Minsk and Moscow have so far not been able to agree on the terms of Belarus’ oil supply. On January 1, Russia temporarily stopped delivering oil to the two Belarusian refineries, and processing fell sharply. Then the supply was partially resumed – thanks to the deliveries by Safmar Group by Michail Guzerijew.

President Lukashenko is looking for alternatives

Belarus President Alexander Lukashenko has said on several occasions that the country is looking for alternative oil sources. The Minsk cabinet said that Belarus is considering Ukraine, Poland, the Baltic Republics, Kazakhstan and Azerbaijan as potential suppliers.

USA want to participate in the Minsk oil business

Had in early February Secretary of State Mike Pompeo in Minsk reaffirmed the willingness of US companies to meet Belarus’ oil needs 100 percent and at competitive prices.

“The United States wants to help Belarus build its own sovereign state. Our energy producers are ready to provide you with 100 percent of the necessary oil, ”said Pompeo at a meeting with President Lukashenko.

By agreement, Belarus has bought around 24 million tons of Russian oil annually since 2017. In reality, Minsk only relies 18 million tons for own use, the rest will be re-exported. The export duties are paid to the Belarusian tax authorities.

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