Support The Moscow Times!

Baltic Pipeline Plans Delayed

Russia is rolling back plans to significantly boost oil exports via its new Baltic pipeline, Transneft spokesman Igor Dyomin said Thursday, suggesting that current transit country Belarus can continue collecting fees.

Russia had initially planned to ship annually about 30 million tons of oil (600,000 barrels per day) through the first phase of the Baltic Pipeline System-2, starting from 2012, to bypass Belarus. "The first stage will carry 10 million tons in 2012, the second stage will be launched in 2013," Dyomin said.

He said that to fill the 1,000-kilometer long link, Transneft would divert 5 million tons of oil from the Polish port of Gdansk and another 5 million tons from Russia's Baltic Sea port of Primorsk. Prime Minister Vladimir Putin said Wednesday that Russia is close to signing a new gas contract with Belarus.

(Reuters)

Read more

We need your help now more than ever.

Independent media outlets and journalists in Russia are being increasingly targeted with “foreign agent” and “undesirable” labels, threatening the existence of the free press day by day.

Your donation to The Moscow Times directly supports the last independent English-language news source within Russia.