Belarussian Power Cut Over $54M Bill

Russia’s Inter RAO followed through on its promise and reduced by 50 percent its electricity supplies to Belarus because of the troubled country’s failure to make back payments. Belarussian Energy Ministry spokeswoman Lyudmila Zenkovich said Russia cut its electricity shipments on Thursday because Belarus owes the equivalent of $54 million. Imports of Russian electricity account for less than 10 percent of Belarus’ needs, and Zenkovich said consumers wouldn’t […]