BELARUS NEWS AND ANALYSIS

DATE:

14/01/2008

Belarus to Raise Transit Fee

KIEV -- Belarus will increase fees for pumping Russian oil through its territory to Europe by 15.7 percent starting Feb. 1, Ekonomicheskiye Izvestia reported, citing the government.

Belarus will raise the tariff to 2.8 euros ($4.14) per ton of crude pumped via the Druzhba pipeline and earn the country an extra $31 million a year, the newspaper reported.

The former Soviet republic transports 70 million tons of Russian crude per year to Europe, Ekonomicheskiye Izvestia reported. (Bloomberg)

Source:

http://www.themoscowtimes.com/stories/2008/01/14/061.html