BELARUS NEWS AND ANALYSIS

DATE:

10/01/2007

Russia demands oil from Minsk for pipeline restart

MOSCOW, Jan 10 (Reuters) - Russia wants Belarus to give back some 80,000 tonnes of oil, which it claims was taken by Minsk during a trade dispute, before restarting oil flows via a major pipeline to Europe, a government official said on Wednesday.

Deputy Economy Minister Andrei Sharonov said Russia was ready to re-launch full operations of the Druzhba pipeline within four hours of receiving the oil. A restart of the pipeline would lift the threat of a cut to Russian oil output.

"If oil pumping restarts within hours the issue of (Russian) oil production cuts will be off the agenda," he told reporters.

Source:

http://today.reuters.com/news/articleinvesting.aspx?view=CN&storyID=2007-01-10T162549Z_01_L10426922_RTRIDST_0_RUSSIA-PIPELINE-ECONMIN-URGENT.XML&rpc=66&type=qcna

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