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Oil report

Part of $1.5 bln loan to Belarus to be used for earlier Russian loans refinancing - Kremlin

MOSCOW, Sept 14 (Reuters) - A $1.5 billion loan that Russian President Vladimir Putin promised to Belarusian leader Alexander Lukashenko on Monday will partly be used to refinance earlier loans, Kremlin spokesman Dmitry Peskov.

Briefing reporters on nearly four hours of talks between the two leaders, he said Russia considered Lukashenko - who is facing mass protests after a disputed election - to be the legitimate president of the country.

He also said the two leaders have agreed to boost trade cooperation between the countries. (Reporting by Tom Balmforth, Vladimir Soldatkin and Mark Trevelyan Editing by Chizu Nomiyama)

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