RAO Unified Energy System

[Copperfield]

UES RESUMES ELECTRICITY EXPORTS TO BELARUS


MOSCOW, August 12 (RIA Novosti) - As of Thursday, Unified Energy Systems of Russia resumed exporting electricity to Belarus, a press release from the company said.

A contract was signed by UES subsidiary INTER RAO UES and the Belarussian State Energy Concern Belenergo.

According to the contract 2.5 billion KWh of electricity will be supplied to Belarus by January 1, 2005. "The supplies of Russian electricity to this republic in 2000-2003 averaged 3-5 billion kWh annually," the press release said.

Since the beginning of 2004, UES suspended electricity exports to Belarus, because the Federal Tariffs Service increased the network tariff for exported electricity.

INTER RAO UES is a subsidiary UES (60% stake) and Rosenergoatom (40%). The company performs the functions of an export-import operator for UES and of the Rosenergoatom.