Baltic States – CIS, Belarus, Oil, Port, Russia, Transport

Russian Railways said in a statement published on Thursday that it will introduce a 25% discount on current tariffs for the transportation of gasoline diesel fuel and fuel oil in cisterns from the Barbarov and Novopolotsk stations of the Belarusian railway to port stations of the   (a division of Russian Railways serving the North West of Russia).

The rail company's management had made the decision on October 19, and the discount will come into force "using the set procedure and will be valid until December 31, 2018, inclusively," Russian Railways said.

The Russian business newspaper Kommersant earlier this week reported that Russian Railways will consider the introduction of a 25% discount on transit of gasoline, diesel and fuel-oil residue from refineries in Belarus to the Russian north-western ports. The discount will make the Russian Railways tariffs for this direction be comparable with the tariffs for transportation via the Latvian port of Ventspils and the Lithuanian port of Klaipeda, and the attracted volume of highly profitable transportations of petroleum products will provide Russian Railways with additional revenue, the newspaper said.