Russian, Belarusian premiers to discuss energy prices, nuclear power plant

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RIA Novosti, PUBLISHED January 20, 2011

Russian Prime Minister Vladimir Putin will meet with his Belarusian counterpart Mikhail Myasnikovich to discuss economic and energy cooperation.

The Belarusian premier intends to negotiate a decrease in the natural gas price, the terms of oil supply in 2011 as well as the construction of a Belarusian nuclear power plant and a loan from the Eurasian Economic Community (Eurasec), comprising Kazakhstan, Russia, Belarus, Kyrgyzstan and Tajikistan.

Belarus has made no secret of its desire to negotiate a better price for Russian gas. Russia slashed supplies to Belarus in a row over gas payments in June 2010, but later resumed them after Minsk paid off its $200 million debt to Gazprom.

As regards oil, Russian oil companies have now suspended supplies to Belarus until new contracts on the price of duty-free oil are signed. Russia canceled oil duties for Belarus from January 1.

Topics: East Europe, Belarus, Russia

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