BELARUS NEWS AND ANALYSIS

DATE:

13/01/2011

Russian to turn on oil tap to Belarus

Russia plans to resume oil supplies to Belarus next week, the head of Russia's Transneft company Nikolai Tokarev said Thursday.

The oil supplies were halted due to a lack of agreement on oil price. The talks are to be completed in the coming three days, Tokarev said,

Since January 1, Belarus was to receive Russian oil duty-free and without quotas, which is envisaged by the agreement on forming a single economic area.

Russia, Belarus and Kazakhstan are members of the Customs Union, which envisages the abandonment of sales duties.

Source:

http://english.ruvr.ru/2011/01/13/39602958.html




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