|
|
Article: Chill Out: Moscow And Minsk Head Off Energy War.
- Article from:
- NEFTE Compass
- Article date:
- September 16, 2003
- Author:
CopyrightCOPYRIGHT 2003 Energy Intelligence Group. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Russia has redefined its energy relationship with Belarus, after the two countries' presidents met this week to head off a full-blown trade war.
Belarus President Alexander Lukashenko flew to the Russian Black Sea resort town of Sochi for an urgent meeting with his Russian counterpart Vladimir Putin on Sep. 15.
The two sides agreed to move to more market-based relations in the gas sector. Russia looks set to end the practice of selling gas to Belarus at subsidized Russian domestic prices as of Jan. 1. Belarus, in turn, will most likely triple the pumping tariffs for piping gas across its territory.
Energy relations had plummeted to a critical ...