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25.09.2007

Belarusians don’t want to pay money to Russians

15:39, — Economics

“If compensatory payments mechanism comes into effect, it will be profitable for us to refine oil at Belarusian refineries”, - vice-president of the open joint-stock company “Lukoil” Vadzim Varabieu reported to BelaPAN. 25 September he takes part in a working meeting of the Union of manufacturers and entrepreneurs of Russia and the Confederation of manufacturers and entrepreneurs of Belarus.

“We don’t so much consider an issue of profitability, there are other more profitable ways of oil-refining; we choose: either to export oil or to sell it to Belarusian enterprises. Taking into account compensatory payments it is more profitable for us to refine oil in Belarus”, - U. Varabieu remarked. At the same time he stressed that “Lukoil” hadn’t got any compensatory payments announced by Belarus not once.

It is to be mentioned that at the beginning of May Alyaksandr Lukashenka signed the decree, which established the sums of compensations and subsidies to the Russian companies. Commenting this normative act first vice-premier Uladzimir Siamashka declared that according to the document it would be profitable for Russian companies to refine oil at Belarusian refineries. The sum of compensations and subsidies equals to the amount of the import customs duty on crude oil multiplied by the coefficient. This coefficient is calculated every month by the Commission on import of energy resources at the Council of Ministers.

As Deputy Chairman of “Belneftehim” concern Uladzimir Volkau remarked at the press-conference 29 August, the amount of customer-owned feedstock refining at Belarusian refineries will account 50% of total amount of oil-refining. According to U. Volkau, nowadays the following Russian companies supply Belarusian refineries with oil on conditions of processing: “Surgutneftegaz”, “Rosneft”, “Russneft”, “Lukoil”, “Tatneft” and some others. “Nobody broke off oil supplies to Belarus. All Russian companies keep to transportation schedules”, - he stressed.

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