Belneftehim pegged domestic fuel costs to US Dollar
The situation has not changed
On September 8th, a new indexing mechanism for fuel retail price was published.
The base petrol brand has been set to AI92-K5-Euro at USD 1 per litre. In Belarus fuel costs will only rise, regardless of the world fuel prices (there is no mechanism for reducing the cost of fuel). Therefore, Belarus’ refineries will increase budgetary proceeds, people and businesses will reduce fuel consumption, and foreign carriers will partially lose interest in Belarusian fuel. The excise tax on fuel will continue to rise. If Russia changes taxation in the oil refining business, Belarus might also have to adapt by making changes.
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Once a week, in coordination with a group of prominent Belarusian analysts, we provide analytical commentaries on the most topical and relevant issues, including the behind-the-scenes processes occurring in Belarus. These commentaries are available in Belarusian, Russian, and English.
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Situation in Belarus
December 9 – December 15
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The Dollar Falling Upward: A New Exchange Rate Reality or Currency Normality?
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EU Imposes New Sanctions on Belarus Despite Calls from Democratic Forces for a Differentiated Strategy
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Strategic Dialogue with the USA: Attempt to Keep Washington’s Focus on Belarus
December 2 – December 8
The Belarusian Issue Ahead of the Leadership Change in the EU
November 25 – December 1
Lukashenka’s Peacekeeping Intentions Clash with the Kremlin’s Plans for Ukraine
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Kremlin to Share the “Oreshnik” Missile System with Lukashenko’s Regime to Expose Belarus to Potential NATO Retaliation
December 9 – December 15
Russia Solidifies Belarus in Its Sphere of Influence and Prepares for Conflict with Ukraine and the West
December 2 – December 8
Lukashenka’s Regime Contributed to the Creation of the “Oreshnik” and Seeks to Deploy It in Belarus
November 25 – December 1
The Kremlin Shields Belarus with a Nuclear Umbrella but Silences Its Voice
November 18 – November 24
Dilution of the Democratic Forces’ Agenda: Isolation or De-escalation?
December 9 – December 15
Democratic Forces: Navigating the “Elections” Without Losses
December 2 – December 8
Tsikhanouskaya’s Office: Consolidation and Protection of Activists
November 25 – December 1
New Challenges: Kanapatskaya and the Security Forces’ Special Operations
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The Conveyor Belt of Re-education of Dissenters: New Prison Spaces at the Expense of Amnesty
December 9 – December 15
Deferred Transition of the Lukashenka Family
December 2 – December 8
Lukashenka’s Regime: Navigating Elections Ahead of a Crisis
November 25 – December 1
Elections in Full Swing: Lukashenka Everywhere
November 18 – November 24