Minsk, Belarus (AHN) – In the wake of delayed debt payments, Russia has announced a reduction in electric supply to Belarus starting from June 9.
The state-owned power company Inter RAO UES said that Belarus could see cut in supplies by half to 200 MW. Currently, Minsk is getting 400-500 MW of power supply.
Belorussian power utility Belenergo, which had not paid electricity bills since April, had also missed the June 8 deadline of repaying $1.5 billion debt.
However, Russia has promised to resume supplies if Belarus repays debts in 10 days. There are also rumors of complete cut in supplies by June 19 if debts remain unpaid.
Confirming its $54 million debt to Russia, Belarus said it was seeking a Russian-led $1.2 billion bailout to come out its economic crisis. It is also requesting IMF to grant an emergency loan of $8 billion.
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