Arab Today, arab today belarus president expects russia to cut oil
Last Updated : GMT 21:34:07
Arab Today, arab today
Arab Today, arab today

Belarus president expects Russia to cut oil

Arab Today, arab today

Arab Today, arab today Belarus president expects Russia to cut oil

Minsk - Xinhua

Belarusian President Alexander Lukashenko said Tuesday that he expects Russia to reduce the prices of gas and oil supplied to Belarus in 2012, local media reported. Most likely the prices for Russia\'s energy supplies will fall in 2012, Lukashenko said during a working trip to the Minsk Region. The Belarusian leader noted that even with a reduction of Russian oil and gas prices, Belarusians should not expect a collapse in domestic energy prices. \"The drop in prices is unlikely to be big. The fund we will save on this will be used to support people, pensioners first of all,\" Lukashenko said. In Belarus, since the beginning of the year, 95 octane gasoline price has increased by 71 percent, 92 octane gasoline by 79 percent, and diesel fuel by 123 percent. According to the press office of the Belarusian State Petrochemical Industry Concern, the prices were raised \"because of the devaluation of the Belarusian ruble and for the purpose of decreasing the losses the oil refineries incur while selling motor fuel in the domestic market, and reducing the speculative export of fuel, which is taken abroad because of a considerable disparity between motor fuel prices in Belarus and neighboring states.\" The Belarusian ruble has been devalued 189 percent since the beginning of the year. The Belarusian national bank raised its refinancing rate to 40 percent from 35 percent last week in the 11th increase this year. Consumer prices rose 92.3 percent in October from a year earlier compared with 79.6 percent in September. 

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today belarus president expects russia to cut oil Arab Today, arab today belarus president expects russia to cut oil

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today belarus president expects russia to cut oil Arab Today, arab today belarus president expects russia to cut oil

 



Arab Today, arab today Designer Rania Adel reveals her new collection

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan

GMT 05:10 2017 Wednesday ,14 June

Oil prices edge down

GMT 05:22 2017 Tuesday ,13 June

Oil rises as investors buy into US crude

GMT 15:11 2017 Saturday ,10 June

Oil prices steady despite supply glut

GMT 14:28 2017 Sunday ,04 June

Kuwait oil price down 52 cents to USD47.83 pb

GMT 23:44 2017 Saturday ,03 June

OPEC daily basket price for Tuesday, 30th May 2017
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday