Gazprom to cut gas supplies to Belarus step by step

The Gazprom CEO Alexei Miller told Russian President Dmitry Medvedev during a meeting earlier today that his company would cut down on gas supplies to Belarus step by step. He briefed the Russian leader on today's talks with Minsk that had proved fruitless.

Miller added that Belarus acknowledges its debt, but offers to pay by delivering machinery, equipment and other goods. Medvedev pointed out that under the Russian law foreign payments can only be accepted in foreign currency. The Russian President instructed Gazprom to make more efforts to settle the problem.

Belarus has been paying for Russian gas since early this year the price that it has unilaterally set. As a result Minsk now owes Russia some 200 million dollars.


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