This is more than Belarus' annual GDP. Gazprom's losses from Minsk's failure to abide by the package agreement of 2002 (under which it would buy gas at domestic Russian prices in exchange for the set up of a joint gas shipment venture) amounted to some $10 billion...
The Captain explains:
Belarus Doubles Down"The Russians have the ball in their court now, and they have to decide whether losing 20% of their revenue this year and possibly losing all influence in Belarus is worth the price hikes and the shakedown racket that Putin wants to implement."
"We have agreed to the most comfortable conditions for Belarus," Kupriyanov said on December 27. "We want to obtain 50 percent [of Beltranshaz], not control over it, and we are [offering] a price that is even higher than the market one."
Putin: Union state of Russia
and Belarus long overdue
-Snippets according to RIA Novosti:
"If there is no progress in talks on gas or any other source of conflict, Lukashenko may face a full-scale Russian-Belarusian crisis on January 1..."A cut-off of fuel in the dead of winter"
Part of the Belarusian opposition may then go over to Lukashenko's side, and he may even get political support from Central Europe."
basilsblog | conservativecat