BELARUS NEWS AND ANALYSIS

DATE:

22/06/2010

Belarus To Cut Russian Gas Supply To Europe Over Gazprom's Unpaid Debt

Windsor Genova - AHN News News Writer

Moscow, Russian Federation (AHN) - The government of Belarus announced Tuesday it will suspend relaying Russian gas to Europe if Russia's state-owned gas producer fails to pay $260 million in transit fees owed to Minsk.

Belarussian President Alexander Lukashenko ordered the suspension of gas flow to Poland, Germany and Lithuania following Gazprom's move to cut gas supply to Belarus for the latter's failure to settle $196 million debt to the company.

However, Gazprom spokesman Sergei Kupriyanov assured European customers that Ukraine, which transits about 80 percent of gas from Russia, agreed to take over for Belarus to carry additional Russian fuel to European customers.

Gazprom is targeting to deliver 145 billion cubic meters of gas worth $45 billion to European countries.

Source:

http://www.allheadlinenews.com/articles/7019072549?Belarus%20To%20Cut%20Russian%20Gas%20Supply%20To%20Europe%20Over%20Gazprom%E2%80%99s%20Unpaid%20Debt


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