Lukoil does not intend to compensate Belarus for losses from tax maneuver

Lukoil does not intend to compensate Belarus for losses from tax maneuver
  • Clock-gray 19:07
  • calendar-gray 22 January 2020

Lukoil does not plan to compensate Belarus for losses due to a tax maneuver in the oil industry and to resume the supply of oil to the country's refineries on favorable terms, head of Lukoil Vagit Alekperov said on the sidelines of the World Economic Forum in Davos, APA reports citing TASS.

"These relations developed after the introduction of the tax maneuver. We work on commercial terms. The tax maneuver is not a proposal from Russian oil companies, we are victims, just like the Belarusians. Therefore, we are not going to compensate for the losses that the Belarusian side suffers. This is an intergovernmental relationship," he said.

Alekperov also said that Lukoil redirected the volumes of oil previously supplied to Belarus to other directions. At the same time, this did not affect the company's production. "Yes, (we have redirected -TASS), production was not affected in any way. Only those restrictions that exist under OPEC+ affect production," he added.

 

apa-logo-mini

Other news

Archive

date