BELARUS NEWS AND ANALYSIS

DATE:

26/06/2009

Belarus to start paying gas arrears to Russia

MINSK, June 26 (Reuters) - Belarus is to start paying arrears for Russian gas shipments next month and complete the process by the end of the year, First Deputy Prime Minister Vladimir Semashko said on Friday.

Semashko, addressing parliament as part of a government report on its activities, said debts for gas shipments totalled $230 million as of July 1. Russian giant Gazprom (GAZP.MM) cited the same figure this month when demanding payment of arrears.

"We are saying that from July 1 we will start paying off debts that have accumulated," Semashko told the chamber. He also said Belarus was proposing moving to European-level prices from 2014, not from 2011 as previously proposed by Russia. (Reporting by Andrei Makhovsky, writing by Ron Popeski)

Source:

http://www.reuters.com/article/rbssEnergyNews/idUSLQ161820090626

Latest News

Archive

Month, Year July, 2009June, 2009May, 2009April, 2009March, 2009February, 2009January, 2009December, 2008November, 2008October, 2008September, 2008August, 2008July, 2008June, 2008May, 2008April, 2008March, 2008February, 2008 January, 2008 December, 2007 November, 2007 October, 2007 September, 2007 August, 2007 July, 2007 June, 2007 May, 2007 April, 2007 March, 2007 February, 2007 January, 2007 December, 2006 November, 2006 October, 2006 September, 2006 August, 2006 July, 2006 June, 2006 May, 2006 April, 2006 March, 2006 February, 2006 January, 2006 December, 2005 November, 2005 October, 2005 September, 2005 August, 2005 July, 2005 June 2005 May 2005 April 2005 March 2005 February 2005

Subscribe Daily Newsletter:

Enter your Email


Powered by FeedBlitz

Belarus News and Analysis Donate: