Russia is willing to participate in the construction of a nuclear power plant in Belarus. Russia will raise duties on oil exports by 21%, starting in February. A new pumped storage hydropower station in the Leningrad region, to be completed by HydroOGK by 2016, will be the largest in Europe. Sergei Lavrov says that Russia would freeze its cooperation with Iran on nuclear energy if there was any deviation from agreements currently in place on Bushehr.