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Wed, Jun 18th, 2025
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ENERGY
- Belarus
Belarus, Kazakhstan sign accord on oil supplies to Minsk

Kazakhstan has signed an agreement with Belarus to supply oil and petroleum products to Minsk as part of a Belarusian effort to diversify its supply sources. Up to now, the country has depended overwhelmingly on cut-rate petrol and crude oil exports from Russia. But Moscow cut back on deliveries several weeks ago, meaning some income Minsk was making on re-selling to Ukraine has been shut down.

A Belarusian government spokesman the countries two prime ministers reached the agreement in the Kazakhstan capital, Nur-Sultan. But there were no details on actual volumes of Kazakhstan supplies to Belarus. Neither were pricing terms named. Belarus Premier Roman Golovcheko had already expressed interest in such an agreement last month.

News reports said Azerbaijan’s state oil company had agreed earlier this year to supply oil to Belarusian refineries. Azerbaijan is not an official ally of Moscow. Since its decisive defeat of Armenia in 2020, it has grown increasingly close to Turkey when it took back territories occupied by Yerevan for almost three decades, aided by years of support from Ankara.

Kazakhstan is a member of the Russian-led Collective Security Treaty Organisation (CSTO), But given its strong economic position, it can afford to pursue relatively independent policies.

 

Jun 29, 2021

DATA SNAPSHOT

BANKS
- Azerbaijan
Fitch affirms Azerbaijan’s Expressbank at ‘B’, outlook Stable
TRADE
- Uzbekistan
Uzbekistan’s foreign trade turnover at $13.15 bln in Q1, 2022
ECONOMY
- Belarus
Belarus inflation up 15.9% yr/yr in March-Statistics Committee
ECONOMY
- Georgia
Remittances to Georgia rise 3% yr/yr to $193 mln in March-central bank
THE TRIBUNE
- Eurasia
The Tribune suspends publication
HEALTH
- Covid-19
COVID-19 Eurasia Roundup
The Tribune keeps you up-to-date with the latest vaccines and infection data across the region.
OPINION
- Kazakhstan
OPINION-Kazakhstan’s Reforms Should Be More Than Just Show-FOREIGNPOLICY
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