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Jan. 8th, 2007 11:15 pmBelarus suspends Russian oil transit to Europe over duty dispute
Belarus has suspended Russian oil transit to Europe over Russia's failure to pay a transit duty of $45 per metric ton of oil going through Belarusian territory.
Russia doubled the gas price for Belarus to $100 per 1,000 cu m from January 1, and also imposed an oil export duty of $180.7 per metric ton for the ten-million nation. Belarus responded January 3 by introducing the transit duty.
Poland and Germany, which receive Russian oil via Belarus, said Monday Russian oil supplies going through the Druzhba pipeline to European customers had been disrupted. Russia's pipeline monopoly Transneft [RTS: TRNF] blamed Belarus for blocking European exports.
Transneft said Belarus is siphoning off Russian oil designated for Europe from the Druzhba pipeline.
Belarus has suspended Russian oil transit to Europe over Russia's failure to pay a transit duty of $45 per metric ton of oil going through Belarusian territory.
Russia doubled the gas price for Belarus to $100 per 1,000 cu m from January 1, and also imposed an oil export duty of $180.7 per metric ton for the ten-million nation. Belarus responded January 3 by introducing the transit duty.
Poland and Germany, which receive Russian oil via Belarus, said Monday Russian oil supplies going through the Druzhba pipeline to European customers had been disrupted. Russia's pipeline monopoly Transneft [RTS: TRNF] blamed Belarus for blocking European exports.
Transneft said Belarus is siphoning off Russian oil designated for Europe from the Druzhba pipeline.