BELARUS NEWS AND ANALYSIS

DATE:

23/06/2010

Gazprom cuts gas supplies to Belarus by 60%

Gazprom has reduced gas deliveries to Belarus by 60% of the contractual amount. This came in a statement earlier today by the gas holding CEO Alexei Miller.

Gazprom started decreasing gas deliveries on Monday and plans to slash them by 85%, in accordance with Belarus's debt. President Alexander Lukashenko has, for his part, ordered halting Russian gas transit to Europe via Belarus, and siphoning it off to meet Belarus's needs.

Since early this year Belarus has ignored the contract price for gas and has been paying the price that Minsk itself has set, namely 150 dollars per 1,000 cubic metres of fuel. As a result Belarus now owes Russia some 200 million dollars, the RIA-Novosti news agency says in a report.

Source:

http://english.ruvr.ru/2010/06/23/10466378.html


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