Belarus raises tariffs for transporting Kazakh oil to Europe by 38%, for pumping Russian oil by 10.2%The Ministry of Antimonopoly Regulation and Trade of Belarus has announced a 10.2% tariff increase for the transit transportation of oil within the country.This adjustment, outlined in departmental resolution N2 effective from February 1, 2024, applies to both transit routes and domestic consumption.The tariffs for specific transit routes are indexed based on the principle of equal values.The tariff for transporting Kazakh oil through the Unecha (Vysokoe) - Adamova Zastava pipeline will see a significant 38% increase, reaching 629.26 Russian rubles per 1 net ton.The tariff for the transportation of Russian oil along the Unecha (Vysokoe) - Brody section has been raised by 10.2% to 215.78 Russian rubles per 1 ton.Tariffs for transporting oil through main oil pipelines serving Belarusian refineries (Naftan and Mozyr Oil Refinery) have also been raised by 10.2% in Belarusian rubles.Earlier, Kommersant wrote that Belarus proposed a new option for indexing tariffs for oil transportation via its territory to Europe. The publication said that, for the northern branch of the Druzhba oil pipeline, which currently carries only Kazakh oil, Minsk proposes to increase the tariff 43%, and for the southern branch, through which oil supplies from Russia continue onward, the increase would be 14.5%.The operator of the Belarusian oil transport system, Gomeltransneft Druzhba sent Russian oil pipeline monopoly Transneft (MOEX: TRNF) a letter on November 17 proposing to raise the oil transit rate as of February 1, 2024, the paper said.The company proposed to raise the rate for the northern Unecha-Adamovo route that runs through Belarus to Germany by 43.4% to 653.80 rubles per tonne, and the rate for the southern Unecha-Brody branch that runs through Belarus and Ukraine to Hungary, Slovakia and the Czech Republic, by 14.5% to 195.80 rubles per tonne. This is necessary to eliminate cross financing of expenditures on transportation along the northern branch at the expense of pumping through the southern branch, Gomeltransneft Druzhba said. The per-unit rate for the system will thus be 104.30 rubles per 100 km, the paper said.The letter said that "unforeseen circumstances" led to an almost 80% drop in transit traffic compared to 2022, including a 94% drop on the route to Adamovo, Kommersant reported. This refers to Poland and Germany refusing to accept Russian oil due to the imposition of sanctions. The northern branch of Druzhba to Europe now carries only crude from Kazakhstan, shipments of which are expected to total 1.2 million tonnes this year, the paper said.Gomeltransneft Druzhba earlier notified Transneft that it wanted to raise the transit rate by 84% in light of the droop in transit traffic through Belarus. A spokesman for the Belarusian company said the per-unit rate for transporting oil in the direction of Poland and Germany would increase from $0.91 to $1.67 per 100 tonne-kilometers and the rate in the direction of Ukraine would go up from $1.14 to $2.09. The company argued that the proposed rates were lower than rates charged by operators in Ukraine and Kazakhstan. Nonetheless, Russia opposed this proposal.It was reported earlier that Gomeltransneft Druzhba expects oil traffic to drop by half in 2023. Traffic through the Belarusian system of trunk oil pipelines slumped 7.3% to 49.6 million tonnes in 2022 after dropping from 53.5 million tonnes in 2021, 61.5 million tonnes in 2022 and 63 million tonnes in 2019. (ICE ALMATY)

Fonte notizia: INTERFAX