Minsk called the price at which oil is bought in Russia

First Deputy Chairman of the Cabinet of Ministers of the Republic of Belarus Dmitry Krutoy commented on the situation with oil prices, which Minsk buys from Russia. Recall that a few days ago, negotiations between Vladimir Putin and Alexander Lukashenko took place in Sochi. These talks were dedicated to energy supply issues. According to experts, negotiations have not yet led to any breakthrough.

According to Dmitry Krutoy, today Minsk buys oil in Russia at prices that are about 17% lower than world prices. Translated in absolute terms - about 44-45 dollars per barrel (if we are talking about the Brent brand, and in terms of barrels of other brands (Urals) - below) today.

The representative of the Government of Belarus noted that this year Minsk also wants to purchase oil from Russia at the same discount that does not take into account export duties. At the same time, as Krutoy stated, “if you remove the duty and take the net price, then the price will turn out to be, in fact, global.”

At the moment, according to Minsk, Belarus is interested in buying oil from the Russian Federation precisely according to this formula - at prices conjugated with world prices. The so-called tax maneuver carried out by Russia, as stated, leads to the fact that Russian companies raise the price of “black gold” when sold to Belarus. This, as noted, contradicts Belarusian interests, and therefore Minsk is "interested in buying oil at world prices."

For reference: in 2020, Minsk is going to acquire up to 25 million tons of oil in Russia.

Comments

[Thrall]

We do not buy Brent oil from Russia.
And when the authorities so vaguely answer the question about the price of oil, one gets the impression that now gasoline at Belarusian gas stations will rise in price not by 1 kopek per week, but by two.

[kjhg]

That's right, Russia is selling Urals brand oil. She's a little cheaper than the Brent brand.
Regarding the price, perhaps, indeed, we Belarus is now buying oil from us at world prices. But if you take into account transportation, our oil is still cheaper. Let's say you buy oil at the lowest price somewhere in Venezuela. Only if you calculate the cost of its delivery to Belarusian refineries, its price will still be significantly higher than the Russian one. I personally see this whole debate about the price of oil for Belarus. I admit that I could be wrong.

[Spektr]

You are not far from the truth. Only Lukash thought to cheat, but he himself fell into his own trap. They clearly explained to him in Sochi what the path of Yanukovych smells like and that, unlike Yanek, Rostov does not shine for him. Nobody will have time to wash off and save him. Therefore, this wise man suddenly from the stove break. They also explained to him that nefig roll a barrel on Russia - it no longer rolls ...

[ficus2003]

But the "world price" from the mouth of the Belarusian officials does not mean at all what people think, as well as the Ukrainian "peremoga" or "European standards".
Therefore, only a few people from Gazprom, etc., can objectively know the situation.

[andj61]

It should be noted that Belarusian refineries are geared towards processing Russian oil. A heavy Venezuelan one will require a significant restructuring of the processing process. The transition to oil from the Gulf will require lower costs, but Belarus is not very ready to buy it. Here is another question - it is not very clear to me whether they agreed on pricing according to the formula "price per well plus cost of transportation" or not. Because the price, taking into account the "tax maneuver", this price is applied to the domestic prices of Russia, but in Belarus oil and gas were sold at a higher price. And, as I understand it, the excise tax is levied directly on the well. Or are there any other troubles?

[kjhg]

Quote: andj61

Or are there any other troubles there?

Yes, there are some nuances. Belarus paid so-called bonuses to our oil companies.

[DymOk_v_dYmke]

Quote: kjhg

Yes, there are some nuances. Belarus paid to our oil companies, so-called prizes.

Sounds decent, but looks like kickbacks.

[kjhg]

I don’t know what it looks like, economists know better. The fact is that before the beginning of this year such an instrument existed.

[Max otto]

Quote: Thrall

We do not buy Brent oil from Russia.
And when the authorities so vaguely answer the question about the price of oil, one gets the impression that now gasoline at Belarusian gas stations will rise in price not by 1 kopek per week, but by two.

So you read the Belarusian media, it is less obscurely written there. The Russian media are also carefully silent about the full structure of oil relations. Will you find? Yes, and it will rise in price, and not by 2 but by 4-10. And bel.rub. will fall, grew. rub., by the way, similarly. There is no positive.

[Spektr]

And something the adversaries are not very happy when the ruble falls. Do not you think why?

[Max otto]

How do I know. I don’t know about the adversaries, but it pleases the national banks, they will balance the balance to +. I personally know and understand that this is beneficial for the exporter, but it is terribly not profitable for me, the prices are rising, but there is no salary. Maybe what for this export economy? In the states, prices are rising for years, and not like here - tomorrow is already a new price.

[Spektr]

Prices are set by those who sit on the crest of the entire chain from the manufacturer to the final customer. And these are retailers, i.e. wholesale tycoons of key positions. They dictate prices, not the dollar rate. The dollar is actually the oil dollar. And what happens: oil prices go up and gasoline prices also go up, and when oil prices fall, gasoline prices still go up. And the dollar exchange rate is an illusion that is created to lead people by the nose. And the funny thing is that people hawala it. Why are the adversaries angry when the local currency does not fall according to plan, because this exposes the illusion of dependence of exchange rates. And the rise in prices is a price bubble that bursts sooner or later. Now the situation with prices is already close to the peak (so that "kirdyk" will come) and the rats have started to flee from the ship. Gref said that he was ready to leave Sberbank. The Central Bank (or rather, those who still have overseas reins) in a state of agony before amending the Constitution. Interesting moments await us after the overthrow of the picimon government. Real money is gold, not illusory candy wrappers.

[rocket757]

Agreed ... that's all. And then it will be ... as always!

[Mountain shooter]

Quote: rocket757

Agreed ... that's all. And then it will be ... as always

Old Man "failed" to slobber in his favor ... 250-300 millionaires "green". I understand that. All this verbal dregs. And they warned him not to "spank" with his tongue, as in vain ... And then Rostov is not rubber ...

[rocket757]

Quote: Mountain Shooter

And then Rostov is not rubber ...

Eugene much to be expected! That’s okay, it’s important because, like the situation in the Arab League, things at home ...
I just want to write in ... Slavic brothers are offended, I won’t.

[rotmistr60]

... about 17% below world

And they want to continue to be sold at the same price. But what about the statements after negotiations on the sale at world prices and on a commercial basis? Either the Russian and Belarusian sides interpret the agreement in their own way, or there were some omissions in the official statements.

[Spektr]

I would not sell oil products and oil to the Sumerians, and everything would be chiki-chiki. Yes, simply, Lukash snickered to indecency.

[Anatole Klim]

As far as I know now, only Russian oligarch Gutseriev, a friend of Lukashenko, supplies oil to Belarus, and even then delivered only 500 thousand tons in January, which allows two Belarusian oil refineries to operate at a quarter of their capacity. Contracts with Rosneft, Lukoil, Tatneft and others have not been concluded yet, so talking about the price is premature, but in any case, oil will not be cheaper for Belarus than last year, by the way, Kozak said that the Russian government will only facilitate the conclusion contracts and the price will not interfere. So, as agreed then we will look, although we may not know the final price, they will say a trade secret.

[Lamata]

It is necessary to bend the LAS, otherwise he already got out with his collective farm cheating. In Ukraine, cunningly became like

[askort154]

As I understood from Kozak’s remarks, the agreement between the governments was concluded until 2021. Oil will be delivered to Belarus at the world commercial price
established by suppliers. That is, they will not chase the daily volatility of oil prices.

[Cowbra]

At the same time, as Krutoy stated, “if you remove the duty and take the net price, then the price will turn out to be, in fact, global.”

Breshet:

So look here, that was:
The price of Urals oil is $ 63,8 per barrel. BEFORE they had a discount - 75 bucks per ton, in the end a barrel - 53,7. OURS said guys. let's change the conditions - a discount of 75 bucks minus 5 bucks to the supplier, per ton. Total price for Belarus - 54,36 bucks per barrel (barrel).
Now does he want world prices? Well, there will be 63,8 dollars per barrel. Instead of the ones proposed by Russia 54,36.

That was at the rate of 63,8 per barrel. Even at the current price of 60 per barrel, everything is the same. He's just stupidly lying

[race]

Quote: Cowbra

That was at the rate of 63,8 per barrel. Even at the current price of 60 per barrel ...

Is this when Urals was at 63,8? So much in early January, Brent cost, and Urals costs 2,5-3 USD cheaper. And now Brent is trading around 55 USD https://index-pro.ru/news/commodities/neft-vstretila-pyatnicu-v-pozitivnom-nastroenii

[Cowbra]

https://www.rosbalt.ru/business/2019/12/02/1816215.html

The average price of oil of the Russian export brand Urals for January-November 2019 amounted to $ 63,52 per barrel, follows from the materials of the Ministry of Finance of the Russian Federation.

[race]

So what about the price last year or this year? Everything is clear with last year, but now we are talking about at what price to buy oil this year. And it’s somehow incorrect to proceed from last year’s prices in these calculations.

Quote: Cowbra

Even at the current price of 60 per barrel, everything is the same. He's just stupidly lying

The second time I bring your own phrase. So for what brand of oil is they now giving $ 60 per barrel? If Brent is currently trading at around 55 USD per barrel. And 60 and 55, excuse me, this is not the same thing.

[Cowbra]

Fuck, by the way. The discount does not depend on the price of oil. The calculations are correct. With a discount always less than without a discount. And absolutely do not care - 63,60 or even 55
https://nefturals.ru
On January 29th, it cost 60.

[zxc15682]

In theory, Nikam does not need all this at the Belarusian refinery except for the Old Man. As I understand it, a plant without a raw material base is unnecessary to Nikam. Ours decided to bankrupt them; what for, competitors are needed.

[race]

Quote: zxc15682

In theory, Nikam does not need all this at the Belarusian refinery except for the Old Man. As I understand it, a plant without a raw material base is unnecessary to Nikam. Ours decided to bankrupt them; what for, competitors are needed.

And learn the Russian language - come in handy.

[Metlik]

Quote: Rasen

And learn the Russian language - come in handy.

In this case, you misplaced particle "A". It is used in the sense: opposition
juxtaposition
inconsistency of the second sentence with the content of the first
accession
meanwhile
Your A does not correspond to one point.
zxc15682 on the contrary, although it neglected the commas, wrote a logically finished comment.

[race]

And you, as I see, the lawyer of illiterate commentators?

Quote: Metlik

In this case, you misplaced particle "A". It is used in the sense: opposition
juxtaposition
inconsistency of the second sentence with the content of the first
accession
meanwhile
Your A does not correspond to one point.

For your information, the conjunction "a" at the beginning of a sentence is used to mean "join" or
"meanwhile". Also, instead of the union "a", in this case, you can use the union "and".
So, I’ll tell you: learn Russian, it’s useful!

[race]

Quote: Metlik

zxc15682 on the contrary, although it neglected the commas, wrote a logically finished comment.

He neglected not only commas, this has long been in the order of things, but also the simplest spelling rules.

[Operator]

The royal house of Butsky Pervago and Iago the heir Koli Pervago regrets to buy naphtha

[SNEAKY]

Another nonsense for the Belarusian electorate. Duty-free oil at world prices. This is probably not to be interested in where the "foam" from processing was blown away by the wind. As always, the circus.

[Erich]

Why is everyone so excited whether Belarus will buy or not buy oil from Russia? Doesn’t it, dear readers, seem to be her own business? He wants and buys anywhere. I am inclined to believe that Belarus is still an independent state and can itself solve such issues))

[Whalebone]

Why would Russia sell oil to Belarus? You can sell finished gasoline and diesel. The higher the degree of redistribution, the lower the initial cost of raw materials in the cost structure. Build a refinery at the border with the brothers and drive the finished product there.

[Brturin]

Quote: Whalebone

Why would Russia sell oil to Belarus? You can sell finished gasoline and diesel.

By and large, let the Belarusian authorities decide to buy from whom to buy. And as for diesel and gasoline - there is an example of their neighbors Ukrainians - the world oil price and out of 7 refineries now only 2 work and they prefer to buy products "with a higher degree of redistribution" on the side, about which so many copies have already been broken here ...

[lvov_aleksey]

why did you need a tax maneuver? so that cheap gasoline from the BR does not flood the Russian Federation