BELARUS NEWS AND ANALYSIS

DATE:

06/12/2007

Russia, Belarus to achieve average European price of gas in 2011

MOSCOW, December 6 (Itar-Tass) -- Russia and Belarus will achieve the average European price of natural gas in 2011.

"Currently, under the effective contract the price of gas Belarus pays is the lowest in the CIS, but on the basis of that treaty, in the longer term, the price will rise to the average European level in 2011," First Deputy Prime Minister, Chairman of the Gazprom Board of Directors, Dmitry Medvedev, told the media.

He said there existed "a full-fledged contract with the Belarussian partners, which sets the price formula, and we cooperate within its framework."

Medvedev touched upon gas relations with Belarus as soon as he pointed to the "wise attitude" to this sphere taken by Russia and Ukraine, which try to keep political debates and gas negotiations apart.

"The same can be said about Belarus today," Medvedev said.

Source:

http://www.itar-tass.com/eng/level2.html?NewsID=12154791&PageNum=0

Google