Russia-Belarus Agreements on 2021 Hydrocarbon Prices
Russia-Belarus Agreements on 2021 Hydrocarbon Prices
Author(s): Anna Maria Dyner
Subject(s): Politics, Economic policy, Environmental and Energy policy, International relations/trade
Published by: PISM Polski Instytut Spraw Międzynarodowych
Keywords: Russia; Belarus; crude oil; hydrocarbon prices;
Summary/Abstract: After several months of negotiations, Belarus and Russia agreed on contracts for crude oil and gas supplies in 2021. The price of gas will be comparable to that of 2020 and will amount to about $127 for a thousand cubic meters. In turn, Russian oil companies have pledged to supply Belarus with 18 million tonnes of crude oil in 2021. However, the Belarusian authorities did not manage to obtain any concessions, which will strain the state’s finances for another year.
Series: PISM Spotlight
- Page Count: 2
- Publication Year: 2021
- Language: English
- Content File-PDF