Oil price dispute between Russia and Belarus

RUSSIA / FSU POLITICS - In Brief 23 Nov 2018 by Alex Teddy
Russia and Belarus are not making progress in their negotiation over oil prices. The Belarussian Ambassador to Russia has said so publicly. Belarus gets most of her energy from Russia. Energy for industrial use is a sore point for Belarus. The Eurasian Economic Union (Russia, Belarus, Kazakhstan and others) should ensure preferential pricing for member to member deals. Belarus has a lot of heavy industry particularly tractor manufacturing. MAZ a Belarussian company pays 11 cents per Kilowatt hour and USD 273 per cubic meter of gas. This is three times and four times respectively what Russian companies.

Now read on...

Register to sample a report

Register
Sign-in
Forgot your password?
Copyright 2024 GlobalSource Partners. All rights reserved. This is prepared for GlobalSource Partners’ clients and may not be redistributed, reproduced, stored in a retrieval system, retransmitted or disclosed, in whole or in part, or in any form or manner, without the express written consent of GlobalSource Partners. This is distributed simultaneously to our website and other portals used by GlobalSource Partners. The information herein was obtained from various sources and is believed to be reliable but GlobalSource Partners does not warrant its completeness or accuracy. Neither GlobalSource Partners nor any Country Analyst, officer or employee accepts any liability whatsoever for any direct, indirect or consequential damages or losses rising from any use of this or its contents.