BELARUS NEWS AND ANALYSIS

DATE:

18/10/2007

Russian Ambassador Says 2008 Gas Price For Belarus To Be Set In December

Russian Ambassador to Belarus Aleksandr Surikov told journalists in Minsk on October 17 that the price of Russian gas to be supplied to Belarus in 2008 will be set in December, Belapan reported. According to Surikov, the price will be around $125 per 1,000 cubic meters. Under a five-year contract signed in December 2006, Belarus has paid $100 for 1,000 cubic meters in 2007, compared with $46.68 in the previous 2 1/2 years. The price is to gradually increase to the European market level by 2011, reaching 67 percent of the market level in 2008, 80 percent in 2009, 90 percent in 2010, and 100 percent in 2011. JM

Source:

http://www.rferl.org/newsline/2007/10/3-cee/cee-181007.asp