BELARUS NEWS AND ANALYSIS

DATE:

27/06/2010

Azerbaijan helps Belarus liquidate Gazprom debt

The president of Azerbaijan has lent money to Belarus to pay off its debt to Gazprom. Belarusian leader Alexander Lukashenko said as much in an interview with Euronews. Earlier, at a meeting with Russian Foreign Minister Sergei Lavrov, the President of Belarus said that the money was "borrowed from his friends."

Gazprom, on June 21st, began restricting deliveries of natural gas to Belarus because of the debt in question, estimated at being close to some 190 million dollars.

In the course of two days the restrictions reached a level which cut normal delivery by 60 per cent.

On the morning of June 24th, Gazprom reported that Minsk had paid off its debt.

Gas supplies to the republic have been restored in their entirety.

Source:

http://english.ruvr.ru/2010/06/27/10787036.html


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