BELARUS NEWS AND ANALYSIS

DATE:

01/08/2007

Gazprom to cut Belarus gas supply

MOSCOW, Russia (Reuters) -- Russia's gas exports monopoly Gazprom will almost halve gas supplies to Belarus from Friday after failing to reach a deal with Minsk over a $456 million gas debt, Gazprom said on Wednesday.

"We will cut supplies by 45 percent but fully maintain our transit supplies to Europe via Belarus," a Gazprom spokesman told Reuters.

"Belarus has so far offered nothing to resolve the debt issue, which we consider a violation of our previous agreements. They have the money to pay back the debt and we do not understand why they don't want to do it," he added.

Source:

http://edition.cnn.com/2007/BUSINESS/08/01/gazprom.belarus.reut/

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