Russia and Belarus stop oil talks?

Russia and Belarus stop oil talks?

Russia and Belarus will apparently not step up negotiations on the conditions for pumping Russian oil through the country, Kommersant writes citing sources familiar with the situation.

No substantial rapprochement has been achieved between the parties, while the transit rate will be adjusted for inflation by 6.8% starting from February 1.

According to the newspaper, Belarus is ready to concur with the transit rate inflation adjustment so as to begin new talks on oil prices by this coming summer, taking into account the environmental tax and calculations for compensation payouts for last year’s contaminated oil supplies.

The latest round of bilateral consultations was held on January 16. There is no information on new meetings so far, a spokesman for Acting Russian Deputy Prime Minister Dmitry Kozak, who is involved in the talks, told the newspaper.


Vestnik Kavkaza

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