oil and gas
11 January 2017
Belarusians in the Forbes rating, no autonomy for the Belarus Orthodox Church - Belarus state press digest
Minsk views a normalisation of relations with the EU as being in its national interest. The Russian World cannot be a political factor in Belarus, according to the Metropolitan of the Belarusian Orthodox Church.
The economic recession has reached its lowest point, and in 2018 the Belarusian economy will once a gain experience growth. Russian economic policies towards Belarus are...
26 August 2015
On 24 August, the Brent oil price fell to $43, which was close to a 7-year low. Although Belarus has not got its own crude oil, this is terrible news for its economy. The cheaper the oil, the lower are benefits from the energy subsidies to Belarus from Russia.
Over the last 20 years Belarus has maintained, relatively successfully, a quasi-socialist economy mostly thanks to the generous...
- 20 January 2014
09 January 2014
This year, Russia agreed to supply Belarus with discounted oil only for the next six months, rather than for the whole year.
The size and conditions for further shipments will depend on Belarus’ participation in specific integration projects and the sale of several companies to Russia. All of this shows how the Kremlin uses Belarus'...
14 December 2012
On 22 November, Alexander Lukashenka met with Putin`s protégé and head of the Gazprom directive board Alexey Miller.
During the meeting, Miller presented a program on how Gazprom will develop the Belarusian gas infrastructure and make new investments into the economy.
Gazprom has become a pioneer of the grand Russian business which has great influence...
09 October 2012
Apostolic nuncio Claudio Gugerotti is the only diplomat who can visit the Belarusian prisoners of conscience.
The Holy See seems to work as an intermediary between the European Union and Lukashenka with regard to release of the political prisoners. The nunciature tries to keep their profile low and refuses to give details of the visits to prisons. The secrecy of those visits...
25 June 2012
On 22 June Belarusian president asked PM Mikhail Miasnikovich to tackle inflation and ensure that the country’s average salary would reach $500 by the end of the year. In fact, it is not the right time to share oil revenues with the population when authorities badly need free money to repay their foreign debt and modernise the economy.
The Belarusian leadership understands...
24 May 2012
Latvia has been consistently opposing economic sanctions against the Belarusian government. The EU hopes to use sanctions to persuade Belarus authorities stop human rights violations.
However, Lativa is sceptical about their effectiveness and can suffer significant economic losses as a result of them. Last year the amount of bilateral trade reached a historical maximum of $33bn.
11 May 2012
Belarusian President Alexander Lukashenka highlighted the need to modernise the Belarusian economy in his annual speech for the national Parliament on 8 May. These words coincide with a goal of the new EU project "Dialogue on Modernization for Belarus". But the two sides see the process of modernization quite differently. Minsk wants to avoid any political reforms while the EU is...
27 April 2012
The Ambassadors of Poland, Lithuania and Sweden have returned to Minsk and their colleagues are on the way to the Belarusian capital. It seems that EU-Belarus relations have broken the deadlock, but they remain difficult and the EU has few carrots to offer its restive authoritarian neighbour. Unlike countries like Moldova and Armenia, Belarus is increasingly integrating into the Eurasian...
15 April 2012
Former Belarusian presidential candidate Andrei Sannikov and his main campaign aide Dzmitry Bandarenka have been released from prison on the eve of the Christian Orthodox Easter. It looks like the first step in the de-escalation of the worst EU-Belarus conflict in history. It is likely that expectations of Vladimir Putin’s pressure after his re-election contributed more to the long-...
04 April 2012
Belarusians and Lithuanians have a long common history which started long before the Grand Duchy of Lithuania 500 years ago. Two nations followed clearly divergent paths only after the collapse of the Soviet Union. When Lukashenka came to power, he recognised the state border of Lithuania and thus prevented the main source of possible tension between two countries.