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Belarus 'agrees Russian oil deal' | Belarus 'agrees Russian oil deal' |
(20 minutes later) | |
Belarus says it has found a compromise deal in an oil row with Russia that had threatened European crude supplies. | |
The deal was reached during a "lengthy" telephone call between Russian leader Vladimir Putin and Belarus President Alexander Lukashenko, Minsk claimed. | |
The president's office said papers allowing the oil flow to resume through the Druzhba pipeline - which crosses Belarus - would be signed by Friday. | |
The Kremlin refused to confirm a deal, but did say the two sides had spoken. | |
It added more information would be published later on Wednesday. | |
Russia closed the pipeline on Monday after it accused Belarus of stealing oil supplies. | |
Pressure | |
"The prime ministers of Belarus and Russia were ordered to work out concrete proposals within two days for resolution of all problem questions," a statement from Mr Lukashenko's office said. | |
His office added that the proposals needed to be submitted for review by the heads of state by Friday, 12 January. | |
RUSSIAN OIL USERS* Hungary - 83.5% of all oil suppliesSlovakia - 82.2%Finland - 79.1%Poland - 77.2%Czech Republic - 49.3%Belgium - 31.8%Sweden - 29.4%Germany - 26.2%Netherlands - 25.3%Italy - 18.1%Austria - 16.8%France - 11.4%Denmark - 2.1% *Source: Petroleum Economist magazine Q&A: Pipeline shutdown Analysis: Oil row | |
News of the deal followed reports that Russia had upped the pressure on Belarus to reach a deal. | |
According to news agencies, long queues of cars had formed at the Russian border with Belarus after Moscow imposed new restrictions requiring Belarusian drivers to apply for a temporary vehicle entry certificate. | |
Meanwhile, local newspapers claimed that Russia had threatened to impose duties on all Belarusian imports unless a deal was agreed. | |
Russia's decision to shutdown the Druzhba - or Friendship - pipeline sparked consternation across Europe. | |
German chancellor and current European Union president Angela Merkel denounced the move as unacceptable and one that "destroyed trust" in Russia as an energy supplier. | |
Other member countries feared that oil supplies could run short as the Druzhba shutdown effectively halted shipments to Poland, Germany and beyond. | |
History | |
The dispute was sparked when Russia forced Minsk to grudgingly accept a doubling in the price of gas supplies. | |
In retaliation, Belarus imposed a new tax on Russian oil shipments passing through the country. Russia has refused to pay the duties saying they are illegal. | |
On Monday the conflict came to a head when Russian state-owned pipeline firm Transneft closed the Druzhba pipe, saying Belarus had been siphoning off oil supplies as payment in kind for the unpaid duties. | |
The 2,500-mile-long pipeline has the capacity to ship more than 1.2 million barrels a day to eastern and central Europe and typically works at close to full capacity. |