Lukashenko: Iran searching for oil buyers to cut down price for us

Lukashenko: Iran searching for oil buyers to cut down price for us

Belarus is negotiating oil supplies with Iran due to complicated talks on gas and oil with Russia, President Alexander Lukashenko said.

"We’re in talks with Iran, which is searching for crude oil buyers to supply oil and which will cut down the price for us," TASS cited him as saying.

According to Lukashenko, the country has been facing "critical oil supply", which may "destroy the country's refineries." 

The president has however pointed out that new proposals have emerged in the talks between Belarus and Russia regarding the oil and gas issue.

"There are some new proposals. I think Russian President has got involved and we’re going to find a solution. We’re ready to compromise. We are willing to have a normal, equal cooperation. In this case, Russia will never have any problems with us," the top official added.

According to the decree adopted by Belarus’ Antimonopoly Regulation and Trade Ministry on September 28, 2016, tariffs for Russia’s oil transit through Belarusian pipelines will increase by 50% starting October 11, 2016.

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