Belarus to review energy budget

The Belarus government is to review the energy budget due to the increased costs of energy supplies, said Piotr Viciaz, the first deputy chairman of the National Academy of Sciences of Belarus.

Belarus has also been looking into the possibilities of buying energy resources not only from Russia, but from the other countries, including Venezuela, Iran, Kazakhstan and Azerbaijan, he noted.

The government also plans to increase the share of domestic fuel materials up to 15 percent, including not only the traditional peat and wood-fire, but also the brown coal, shale and alternative energy sources, he added.

Piotr Viciaz stressed that nuclear energy was the cheapest known energy source. The government has been in the process of choosing the site for the location of the future nuclear power plant, bidding preparations and looking for the sources of funding for the project, he said.