BELARUS NEWS AND ANALYSIS

DATE:

25/06/2010

Belarus: we'll cut Russian oil, gas supplies to EU

Minsk, Jun 25 (AP) Belarus is threatening to suspend Russian oil and gas deliveries to Europe unless Russia pays a disputed debt in 24 hours.

Russian gas monopoly Gazprom resumed supplies to Europe via Belarus yesterday after Belarus paid down its debt for gas supplies, and Moscow made transit fee payments to Belarus.

Belarus says it paid off its gas debt calculated at an increased rate agreed upon with Moscow earlier this year. But Belarus raised the transit costs accordingly and Russia paid the old rate, leaving the outstanding amount of USD 32 million, Belarus says.

Gazprom says it owes nothing, having paid the fee stipulated in the contract.

About 20 per cent of Russian gas exported to Europe goes through Belarus

Source:

http://www.ptinews.com/news/742419_Belarus--we-ll-cut-Russian-oil--gas-supplies-to-EU-


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