Belarus to receive US oil

RUSSIA / FSU POLITICS - In Brief 17 May 2020 by Alex Teddy
On May 17 Belarus announced that a shipment of oil has left Texas bound for Belarus. It will transit via Klaipeda, Lithuania. The Belarusian petrochemical company Belneftkhim is handling the shipment. It will not be received until June. United Energy Trading and Getka are the American companies in the deal. A Polish company called UNIMOT is also involved.US Secretary of State Mike Pompeo hailed the oil deal as a sign of the warming relationship between his country and Belarus. He noted that the deal enhances Belarusian independence: i.e. it reduces dependence on Russia. The US wants Belarus to enact reforms that will allow the country to join the WTO. American companies want more access to the country.

Now read on...

Register to sample a report

Register
Sign-in
Forgot your password?
Copyright 2024 GlobalSource Partners. All rights reserved. This is prepared for GlobalSource Partners’ clients and may not be redistributed, reproduced, stored in a retrieval system, retransmitted or disclosed, in whole or in part, or in any form or manner, without the express written consent of GlobalSource Partners. This is distributed simultaneously to our website and other portals used by GlobalSource Partners. The information herein was obtained from various sources and is believed to be reliable but GlobalSource Partners does not warrant its completeness or accuracy. Neither GlobalSource Partners nor any Country Analyst, officer or employee accepts any liability whatsoever for any direct, indirect or consequential damages or losses rising from any use of this or its contents.