Contents tagged with Belarus

  • Belarus to monitor quality of Russian oil

    GomelTransNeft Druzhba, the Belarusian operating company of the Druzhba oil pipeline, is in consultation with the state-owned Belneftekhim concern regarding the construction of new oil quality and quantity control points, announced Andrey Verigo, chief engineer of the operating company, as cited by BelTa.

    According to him, such a control node could be established on Belarus’s eastern border in 2021, and would help to ensure the safe operation of the Belarusian stretch of the pipeline and …

  • Belarus to publish draft program of integration with Russia

    Belarusian Prime Minister Syarhey Rumas  said in an interview with Belarus-1 TV channel that the draft program of integration with Russia will be published to eliminate fears about the sovereignty of the country.

    "I think, after its initialing, the governments of the two countries will publish it to remove any concerns about sovereignty and other issues," he said.

    Rumas noted that the purpose of the program is to create a single market for the two countries. He stated that political issues …

  • Belarus and Venezuela owe Russia $11 billion

    Belarus, Ukraine and Venezuela are the countries that owe Russia the most through government loans, according to an estimate by RBC based on open information.

    Traditionally, Russia does not disclose information about loans issued to other governments. Their existence becomes known if Russia signs an international agreement which is later ratified by the State Duma. In such cases, Russian MPs talk about the loans, or the borrowing state discloses information about them.

    According to RBC, …

  • Belarusian company excluded from project in Lithuania for ties with Russia

    The Latvian government has excluded consortium of the Kaunas-based company KRS and the Belarusian company Beltruboprovodstroy from the tender for the construction of the Gas Interconnection Poland–Lithuania (GIPL). The reason for that was the business ties of the Belarusian company with the Russian companies and contacts with legal and physical persons who “present a risk to Latvia”.

    The consortium was offering the lowest bid price— 74.9 million euros (without VAT), reports DELFI news agency. …

  • Lukashenko orders to resolve integration issues between Belarus and Russia

    The Prime Minister of Belarus Sergey Rumas said that the President of Belarus Alexander Lukashenko ordered to accelerate the integration process with Russia.

    The two countries will have to agree on several issues on integration, the Prime Minister explained.

    After that, the development of "road maps" will start, and they should be ready by November. Then, these documents will be presented to Alexander Lukashenko and Russian President Vladimir Putin.

    Rumas didn't specify which aspects two …

  • Russia and Belarus to strengthen control over import of products from EU

    Russia and Belarus will strengthen control on the common border of the Eurasian Economic Union with the EU countries due to the outbreak of African swine fever in Eastern Europe, reads the message of the Rosselkhoznadzor (Russian Federal Service for Veterinary and Phytosanitary Supervision).

    Rosselkhoznadzor, together with the Department of Veterinary and Food Supervision of the Ministry of Agriculture and Food of Belarus, will provide additional control measures. Special attention will be …

  • Kremlin: Belarus must transition to a single currency with Russia

    Belarus and Russia must transition to a single currency, said Russia’s Federation Council Chairperson Valentina Matviyenko in a broadcast of Belarus’s TV channel, ONT.

    During a visit to Belarus, which took place four days after Vladimir Putin and Alexander Lukashenko spoke to each other in Valaam, Matviyenko said than no one in Russia has even brought up the topic of merging the two countries.

    “This is a union of states, but it needs to be a full-fledged union,” she emphasized.

    “Full-fledged …

  • Belarus to hike tariff on Russian oil transit

    Effective 1 August, Belarus will sharply increase the tariff on the transit of Russian oil to Europe.

    According to the Interfax news agency, the Belarusian pipeline operating company Gomeltransneft Druzhba notified the Russian oil transit company Transneft about the changes through a letter sent on 1 July.

    The cost of pumping oil through the Druzha pipeline, which accounts for 20% of all Russia’s oil exports, will be hiked by 21.7%.

    The letter states that this is necessary in order to …

  • President of Belarus Lukashenko rules out union with Russia, borrows $600 million from China

    The Belarusian government is concluding negotiations to borrow $600 million from China, announced Belarusian Deputy Finance Minister Andrei Belkovets.

    “Initially we were counting on a loan from the Russian Federation,” Belkovets noted, while talking at the Fitch conference in Minsk. The loan would have been roughly the same amount - $630 million.

    But the money was tied up. On April 1, after several rounds of intergovernmental talks following President Lukashenko’s visit to the Kremlin bearing …

  • Russia to pay Kazakhstan $76 million for 'dirty' oil

    The Russian state-owned company Transneft will pay a compensation of about $76 million to the Kazakh national oil transporter KazTransOil for contaminated oil, reports Deutsche Welle news agency.

    "Loss of quality, downtime, and storage are included in the amount of compensation," - said one of the sources of Bloomberg. A formal agreement between the two operators has not yet been signed. Earlier, Reuters reported that Russia will pay Kazakhstan a fixed amount for contaminated oil.

    According …