BELARUS NEWS AND ANALYSIS

DATE:

08/01/2009

Belarus Raises Transit Tariffs For Russian Oil - Government

MINSK, Belarus (AFP)--Belarus has raised tariffs for the transit of Russian oil through its territory to Germany, Poland and Ukraine, under a government order which came into force Thursday in a widely expected move.

The oil tariffs were raised by 22.5% to EUR1.47 a metric ton of crude oil pumped through the Druzhba pipeline, Russia's main export pipeline and the longest in the world, said the order published in the official legal register.

A bitter dispute between Russia and Belarus two years ago in which Minsk angered Moscow by imposing a large customs duty on oil transits led to a three- day cut in Russian oil supplies to the European Union.

Source:

http://www.nasdaq.com/aspxcontent/NewsStory.aspx?cpath=20090108/ACQDJON200901080852DOWJONESDJONLINE000597.htm&&mypage=newsheadlines&title=Belarus%20Raises%20Transit%20Tariffs%20For%20Russian%20Oil%20-%20Government

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