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This agreement, which was renewed last year, is valid until the end of 2021. “From Lithuania’s point of view, the less Belarus is dependent on Russia, the better”, said Linas Kojala, director at the think tank Eastern Europe Studies Centre in Vilnius.
The first shipment of U.S. crude to Belarus was unveiled in May by U.S. Secretary of State Mike Pompeo. “They don’t really run light grades. Lithuanian officials have also said Minsk could import gas via the port of Klaipeda. The U.S. oil was purchased not long after it traded negative, but prices in physical oil markets in Europe have rebounded since then, making purchases of seaborne oil cargoes less attractive for Belarus, traders said. However, some analysts warn that the Moscow-controlled company Gazprom has leverage to block competition in Belarus.

Minsk also buys Azerbaijani oil through the port of Odessa (Ukraine) and via the Odessa-Brody pipeline. KLAIPEDA, Lithuania (Reuters) – A tanker carrying the first shipment of U.S. crude oil destined for Belarus reached the port of Klaipeda in Lithuania late on Friday. oil to Belarus is a purely artificial supply chain, it doesn’t make much sense economically. “Belarus bought this product at a very good price. This occurred thanks to Belarusian firms’ growing use of Klaipeda despite Moscow’s pressure which demands of Belarus to boycott the Baltic states’ ports.. Officially, the Belarusian government and businesses report that they start exporting oil products via Russian ports. It has also imported Azerbaijan’s Azeri Light via the port of Yuzhny in Ukraine.“Once you show that you have the possibility to diversify your sources, you are stronger in dealing with the main supplier,” Lithuania’s Energy Minister Zygimantas Vaiciunas told Reuters.Belarus’ purchase of 80,000 tonnes of U.S. Bakken oil imported via Klaipeda is yet another trial, traders said, and it was unlikely such shipments will become regular.“Belarus bought this product at a very good price. REUTERS/Ints KalninsNS Captain tanker with the first Belarus-bound shipment of oil from the U.S. arrives at the port of Klaipeda, Lithuania June 5, 2020. The dispute ended, but Belarus said it wanted to stand up against Russia’s dominance of its market and diversify its oil imports. Belarus’ purchase of 80,000 tonnes of U.S. Bakken oil imported via Klaipeda is yet another trial, traders said, and it was unlikely such shipments will become regular. Read more: Belarus to import first oil shipment via Lithuania amid row with Moscow This agreement, which was renewed last year, is valid until the end of 2021. On Thursday, Lithuania announced that its Klaipeda port had recorded the highest ever annual volume of shipments. In addition, the channel entrance will be dredged, widened, and deepened, allowing a realignment away from the oil terminal, in accordance with international agreements. The Qatari-flagged UMLMA arrived from Port Neches-Beaumont, Texas on Sunday afternoon, according to the vessel position tracking websites marinetraffic.com and myshiptracking.com.Klaipedos Nafta (Klaipeda Oil), the operator of the Klaipeda oil terminal, said earlier the tanker was delivering around 75,000 tons of crude from the US.Belarus' state-owned oil group Belneftekhim said earlier that a vessel with 80,000 tons of White Eagle Blend (WEB) oil would come from the US port of Beaumont to Klaipeda in early August. Belarus … “Once you show that you have the possibility to diversify your sources, you are stronger in dealing with the main supplier,” Lithuania’s Energy Minister Zygimantas Vaiciunas told Reuters.