BELARUS NEWS AND ANALYSIS
DATE:
25/01/2011
Russia to resume oil flows to Belarus on Tuesday
MOSCOW Jan 25 (Reuters) - Russia is set to resume Russian oil supplies to Belarus by the end of Tuesday, ending a traditional new-year price row, a Transneft (TRNF_p.MM: Quote) spokesman told Reuters.
Russian companies are completing the signing of contracts on oil deliveries, Igor Dyomin, a spokesman for Russia's oil pipeline monopoly Transneft, added.
Moscow and Minsk have agreed on oil price for deliveries to Belarus, the trading sources told Reuters, adding Russia will supply around 350,000-400,000 tons of oil in January.
Belarus refineries had only one week's worth of oil stocks left as a row with Moscow over pricing, which has unsettled European traders, has left the country without inflows of Russian oil since Jan. 1.
(Reporting by Gleb Gorodyankin, writing by Katya Golubkova, editing by Toni Vorobyova)
Source:
http://af.reuters.com/article/commoditiesNews/idAFLDE70O0V520110125
Archive
Subscribe Daily Newsletter:
