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Russia and Belarus settled oil dispute

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Russia and Belarus settled oil dispute

Belarus has come up with a scheme, according to which the positions of two countries for the price of hydrocarbons will be conciliated, Russian leader Vladimir Putin said.

“We found a scheme, which allows us to maintain our approaches, but brings together our positions over prices,” the President said at a press conference following the talks with President of Belarus, Alexander Lukashenko.

According to Vladimir Putin, the two leaders “have discovered a possibility of mutual concessions.”

Vladimir Putin emphasized that, at present, Russia and Belarus have no unsettled contentious issues.

As Deputy Prime Minister of Russia, Arkady Dvorkovich, explained after initialing the appropriate amendments for the intergovernmental agreement, Belarus would pay a $726 million debt to Gazprom gas holding, in its turn, the Russian corporation will give a discount for 2018.

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