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1/3/10

Russia rules Belarus Supply Cut

Russia has no plans to cut oil supplies to Belarus despite failing to agree terms of this year's deliveries, a Russian government source said, adding that talks would resume in early this month.

The comment will be seen as a relief in Germany and Poland, which experienced major cuts in Russian crude oil supplies in January 2007 along a pipeline running via Belarus because of a similar dispute between Moscow and Minsk.

"The talks will be continued. The Russian delegation made a series of proposals which correspond to market conditions and the ball is in the Belarussian delegation's court," the source said.

Asked whether oil supplies to Belarus would be cut, he said: "Everything will continue as before. Nothing will be stopped."


For the complete report: Gulf Daily News » Business News » Russia rules out Belarus supply cut


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