BELARUS NEWS AND ANALYSIS

DATE:

10/02/2007

Beltransgaz transports record-breaking volume of natural gas in 2006

Submitted by Tarique

Minsk, Feb 10 (NNN-BELTA) The volume of natural gas transported across Belarus in 2006 was the record-breaking 65 billion cubic meters, Tsvitomir Sorokhan, first deputy general director, chief engineer, Beltransgaz, said today in Grodno.

The transit last year amounted to 44,2 billion cubic meters which was also an absolute record. Uninterrupted gas supply to Belarus was secured last year with 20,8 billion cubic meters of gas imported by the country.

In 2006, transit services earnings jumped to $134.4 million (without allowing for rent for Yamal-Europe gas main). The money for the services covered 14% of payments for the imports of natural gas, Tsvitomir Sorokhan said.

According to him, in 2007 the transit costs will almost double because of the increase in contract tariffs. Because of the increase in energy prices, most of its earnings Beltransgaz plans to derive from transit services.

Source:

http://www.indianmuslims.info/news/2007/february/10/economy/beltransgaz_transports_record_breaking_volume_of_natural_gas_in_2006.html

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