Russia is aware canada goose clearance sale of Canada Goose

Russia’s oil spat with Belarus

By Chris Baldwin canada goose uk Analysis

LONDON (Reuters) Russia said on Monday it had resumed oil supplies to buy canada goose jacket refineries in neighboring Belarus after a brief rupture, but tensions were still simmering.

News of the dispute helped push crude above $81 a barrel on Monday, although analysts said the impact was more psychological than physical, as oil markets were well supplied and Belarusian refineries have at least a week worth of stockpiled crude.

They also predicted canada goose store any tensions would be contained as Russia Canada Goose Coats On Sale would not wish European customers to consider it an unreliable Canada Goose Outlet supplier.

They were unanimous in ruling out upheaval on the scale of last year gas disruption following a pricing dispute between Russia and Ukraine, which affected supplies for nearly two weeks.

the oil cut off was severe, Europe would take action and aggressively look to diversify supplies. Russia is aware canada goose clearance sale of Canada Goose Online that, said Michael LaBelle, an independent energy analyst in Budapest who focuses on Central Europe canada goose uk black friday and the Balkans.

the short term it Canada Goose Jackets is not such a problem because of the stockpiles that are in place. Countries have more options than they do for cheap canada goose uk gas but buy canada goose jacket cheap I don see it developing into a Canada Goose online serious crisis.

The Paris uk canada goose outlet based International Energy Agency also took the view tensions would be resolved.

long as the transit flows and we are not affected we are not talking about a crisis, there are just negotiations going on. We are not worried, said Aad Van Bohemen, head of the IEA emergency policy division.

Europe overall is less dependent on Russia for oil than it is for gas, although central European countries rely very heavily on crude from the Druzhba, or friendship, pipeline through Belarus.

Russia supplies around 25 percent of the European Union gas supply, while the Druzhba pipeline carries around 10 percent of the EU oil supplies.

This winter Russia canada goose coats managed to settle its differences with Ukraine and analysts have canada goose factory sale said it was anxious to avoid any clash this side of presidential elections on January canadian goose jacket 17 canada goose coats on sale that might give the Ukrainian President political capital. canada goose uk outlet The incumbent President Viktor Yushchenko, canada goose clearance disliked by Moscow, is expected to lose, according to opinion polls.

The timing is less problematic for a dispute with its neighbor Belarus. Relations between the canada goose uk shop two have been strained since late 2006 when a separate pricing disagreement led to a three day halt in oil supplies in early 2007.

Russia has said it would gradually canada goose increase Canada Goose Parka prices to Belarus and other former neighbors to bring them in line with market levels.

For its part, Minsk has insisted Russia continue supplying duty uk canada goose free oil not only for volumes consumed domestically in Belarus, but for cheap Canada Goose all transit crude via the country because of a customs union agreement it signed with Russia and Kazakhstan last year.

Analysts said Belarusian President Alexander Lukashenko could have felt his negotiating position was strengthened following a Commonwealth of Independent States summit in https://www.canadagoosejacketca.ca canada goose black friday sale December when he ended his reluctance to sign up to the customs agreement.

changed his tone at a CIS summit in Kazakhstan, and the premise is that Russia made some promises. What was promised at the CIS summit is unknown, but it Canada Goose sale looks like Lukashenko is trying to get them delivered, said analyst Lilit Gevorgyan of IHS in London.

Additional reporting by Michael Kahn in Prague, Muriel Bosellli in Paris and Dmitry Zhdannikov in Moscow; editing by Sue Thomas.