Russian energy subsides as a form of covert economic support: The goals and assumptions of Russian energy policy towards Belarus Cover Image

Rosyjskie subwencje energetyczne jako ukryta forma wsparcia gospodarczego. Rola rosyjskiej ropy i gazu ziemnego w gospodarce Białorusi
Russian energy subsides as a form of covert economic support: The goals and assumptions of Russian energy policy towards Belarus

Author(s): Arkadiusz Czwołek
Subject(s): Environmental and Energy policy, International relations/trade
Published by: Wydawnictwo Uniwersytetu Warmińsko-Mazurskiego w Olsztynie
Keywords: Belarus; Russia; energy policy; crude oil; natural gas; economy;

Summary/Abstract: The article aims to present the role Russian crude oil and natural gas play in Belarus’ economy, and is based on content analysis and comparative method. The analysis covers the years 2010-2021 and discusses statistical data on Russian-Belarusian cooperation regarding oil and gas. The article analyzes the amount of Russian energy support for the Belarusian economy. After 2015, Russia initiated the process of optimizing further support for Belarus. The restriction on the volume of Russian oil transmitted to Belarus will translate into a 2-3 drop in Belarusian GDP. The import of oil from Russia will decrase even by 60%, which will minimize Belarusʼ profits from oil export. In the coming years Belarus will remain almost entirely depended on Russian gas and oil.

  • Issue Year: XV/2024
  • Issue No: 1
  • Page Range: 63-79
  • Page Count: 17
  • Language: Polish
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