Contents tagged with Lukashenko
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Lukashenko: Belarus ready to integrate with Russia, but without coercion
Belarusian President Alexander Lukashenko said that the country is ready for real integration with Russia, but without coercion.
“We remain, as always, committed to real integration, without coercion to integrate. And it’s strange that this began with Belarus being coerced to integrate. You understand what I’m referring to,” said Lukashenko during a meeting with Mikhail Myasnikovich, Chairman of the Eurasian Economic Commission College, as cited by BelTA.
He pointed out that even with Boris …
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Belarus to receive first batch of oil from Azerbaijan
In March, Belarus will receive its first batch of oil from Azerbaijan – 160,000 tons.
When Russia failed to reach an agreement with its “brother Belarus” on oil prices, it essentially lost this market, and gave Minsk an opportunity to select suppliers independently. As a result, Belarus has been receiving deliveries of black gold from other countries since January, eliminating Rosneft’s monopoly.
In January, Belarus received its first batch of Norwegian oil through the Lithuanian port of …
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Lukashenko refuses to ‘kneel before Putin every New Year’s Eve’
Belarus will continue to diversify oil purchases from other countries even if it costs more than buying Russian oil, said Belarusian President Alexander Lukashenko at a meeting with the staff of the Svetlogorsk Pulp and Board Plant.
The Belarusian President explained that he was ready to pay more "so that, every year on December 31, not to kneel" before Putin.
"It shouldn't be like this, and it won't be," he said.
The Belarusian president also spoke about the pressure of Putin, who wants the …
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Lukashenko: Belarus to repay Russia $1 billion per year on old loans
Belarus will pay Russia $1 billion per year for previous loans and will not ask for “any money at all”, and proposes “honest, transparent and sincere” bilateral cooperation, said Belarusian President Alexander Lukashenko, as cited by BelTA.
The US pays Russia “1.5% for keeping their foreign currency there” but Belarus pays 4-6%, Lukashenko explained: “This just couldn’t make us happier – paying Russia $1 billion per year. They’ve invested their money successfully.”
The president remarked that …
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Lukashenko: We need to overcome the problems Russia has dumped on us
In its planning for the next five years, the Belarusian government will have to deal with some serious challenges, said the republic’s president Alexander Lukashenko during a meeting with the newly appointed officials of his administration. According to the president, several of the economic problems are linked to Russia.
“We will need to plan, and very seriously. Even this year, we have to work very seriously hard to overcome the negative effects in the economy, especially those linked to …
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Directors of all four Belarusian sugar mills arrested
The directors of all four sugar mills operating in Belarus have stopped coming to work, TUT.BY reports, citing sources.
The news outlet reports that on January 24, the director of the Gorodeya sugar refinary was removed from an aircraft on which he was about to fly to Munich. On January 27, the Director of the Slutsk Sugar Refinery “flew off on holiday”, the company claims. The head of the Skidzyel Sugar Combine “left for Minsk”, and the director of the Zhabinka Sugar Plant simply stopped …
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Belarus to cut back Russian oil imports by half
Belarus will be reducing its imports of Russian oil by a factor of 2-3, said President Alexander Lukashenko.
Although there are no 100% alternatives to Russia’s supply at present, Belarusian refineries need to diversify their sources of crude oil, Lukashenko emphasized during a meeting on refinery growth on Tuesday.
“We need to move towards buying 30-40% of our oil from Russia. 30% we should bring in from the Baltics and 30% through Ukraine – an already tested route,” the Belarusian state …
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Lukashenko: Belarus to buy 30% of its oil through Ukraine
Belarusian President Alexander Lukashenko said that Belarus plans to buy 30% of its oil through Ukraine. He made this statement during a meeting about improving the efficiency of oil product exports, BelTA reports.
“There is currently no alternative for the full amount of Russian oil deliveries. But, as we have agreed, we need to diversify. We need to move towards buying 30-40% of our oil from Russia. 30% we should bring in from the Baltics and 30% through Ukraine – an already tested route. It …
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Belarusian President Lukashenko displeased by Gazprom’s gas price hike
At an awards ceremony yesterday, Belarusian President Alexander Lukashenko said that the situation surrounding the price of Russian gas, in which Russia’s Gazprom earns “three times as much” from supplying fuel to Belarus as to Germany, is abnormal.
Commenting on the gas price negotiations, Lukashenko accused the Russian concern of earning three times as much in Belarus as in Germany. “Is this normal? It’s abnormal,” BelTA cites the president as saying.
The parties have currently agreed to …
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Lukashenko decides to pay for Russian gas using Belarusian rubles
Belarus is aiming to stop paying for Russian gas in US dollars and start using Belarusian rubles in its contracts with Gazprom.
This goal was included in the “Strategy for increasing faith in the national currency until 2035” which was compiled by the Belarusian government and National Bank and approved on January 3.
The Belarusian ruble, introduced in 1994, has suffered from chronic devaluation and at present has “completely stopped fulfilling the function of money”. As much as 60% of the …