BELARUS NEWS AND ANALYSIS

DATE:

14/01/2010

Lukoil: Oil Flowing To Belarus As Normal

MOSCOW (Dow Jones)--Oil shipments from Russian producer OAO Lukoil Holdings (LKOH.RS) to Belarus are flowing as normal despite a disagreement over pricing between the two countries, the company said Thursday.

"Until now, we are shipping oil to Belarus as usual," a Lukoil spokesman said, adding the company has seen no disruptions of either supplies to Belarussian refineries or transit through the country's pipeline system to European refineries.

He said Lukoil is awaiting the outcome of official negotiations between Moscow and Minsk.

"What will happen tomorrow, I don't know," the spokesman said.

Russia began curbing supplies through the pipeline to Belarus' domestic market after a pricing deal between the two countries expired Dec. 31.

Company Web site: www.lukoil.com

Source:

http://online.wsj.com/article/BT-CO-20100114-707577.html?mod=WSJ_World_MIDDLEHeadlinesAsia


Partners:
Face.by Social Network
Face.by