Oil and Gas

Russian deputy prime minister Arkadi Dvorkovich says the issue of Belarus' gas debt will be solved within two weeks.

Belarus continues to pay a lower price - not what Gazprom expects - for Russian natural gas supplies.

Prime Minister Andrei Kabyakou says Belarus will continue to pay $132 per 1000 cubic meters of Russian natural gas.

Russian Prime Minister Dmitry Medvedev will be in Minsk today to take part in the Eurasian Intergovernmental Council meeting.

Russian DPM Arkady Dvorkovich says gas payments by Belarus are part of a bigger package of agreements yet to be signed.

The government in Belarus promised to pay off $281 million for Russian gas arrears but Gazprom is yet to see the money.

A tanker with Azerbaijani crude oil for the Mazyr refinery arrived in the Ukrainian sea port of Odessa.

Belarus energy minister says the Russians are expected to resume crude oil supplies to Belarusian refineries.

Russian Railways reportedly proposes an unprecedented 25% discount for transportation of Belarusian oil products to Russian ports.