The United States dispatched the first shipment of U.S. crude oil to Belarus last week, according to the State Department. Belarus has been seeking to diversify its oil supplies after Russia stopped shipping oil there when both countries failed to renegotiate the oil price for 2020.
The 80,000-ton shipment is expected to arrive at the Lithuanian port of Klaipeda in June and from there will be sent by rail to Belarus.
The deal “strengthens Belarusian sovereignty and independence, demonstrates that the United States is ready to deliver trade opportunities for American companies interested in entering the Belarusian market, and fulfills the commitment the United States made to Belarus in February with government leaders in Minsk,” U.S. Secretary of State Mike Pompeo said in a statement on May 15.
Belarusian Foreign Minister Vladimir Makei said cooperation with the United States on oil is “an element of energy security,” according to The Associated Press.
“The United States urges Belarus to build on the progress it has made to increase the access of American businesses to its market and undertake the market-oriented, trade-liberalizing reforms necessary to advance its WTO [World Trade Organization] accession process,” Pompeo said in the statement.
Pompeo visited Belarus in February where he met with President Alexander Lukashenko and Makei, and offered for the United States to supply Belarus with all of its oil and gas needs at competitive prices.
Belarus Reduces Energy Dependence on Russia
In 2019, Belarus requested Russia to pay an increased tariff on Russian oil transit but Russia agreed only to a much smaller increase in tariff rates.
Belarus purchases crude oil from Russia, processes it in its two refineries, and sells refined products to Europe. In April 2019 Russia shipped contaminated oil which caused damage to Belarusian refineries, accordingRead More – Source