Russia has cut electricity supplies to Belarus due to unpaid back payments. The Russian electricity provider, InterRAO , promises power will be restored within 24 hours of when the payment is made. Russian power imports account for approximately 10 percent of Belarus’ electrical needs. Mounting economic struggles have forced Belarus, a former Soviet state, to […]
Belarus PM Pledges to Repay Electricity Debt to Russia
Posted June 23rd, 2011 at 9:50 pm (UTC-5)
Belarus Prime Minister Mikhail Myasnikovich says his country will repay the country’s electricity debt to Russia by next Tuesday. Mr. Myasnikovich said Thursday that energy officials of the two countries have agreed that Belarus will repay its $53 million debt to Russia for April and May electricity supplies by June 28. Russia has threatened to […]
Russia Moves to Cut Off Electricity to Belarus
Posted June 21st, 2011 at 2:35 pm (UTC-5)
Russia is threatening to suspend supplies of electricity to Belarus if that country does not pay its bills. Belarus is battling a severe currency crisis, and has seen the value of its money fall by 36 percent. The Russian state-controlled power group InterRAO said it would stop the flow of electricity on Monday, June 27, […]
Venezuela Implements Measures to Conserve Energy
Posted June 13th, 2011 at 7:45 pm (UTC-5)
Venezuela has announced a package of measures aimed at saving electricity, saying consumption must be reduced by 10 percent. Vice President Elias Jaua announced the new regulations Monday, saying they are designed to avoid “inappropriate and excessive use” of electricity. The measures call for the country’s biggest energy consumers, such as industrial and commercial centers, […]
