BELARUS NEWS AND ANALYSIS

DATE:

24/12/2010

Gazprom to cut prices for Belarus in '12, not '11-RIA

MOSCOW Dec 24 (Reuters) - Russia's gas exporting monopoly Gazprom (GAZP.MM: Quote) will not cut gas prices for Belarus in 2011, but will reduce them by 15 percent in 2012, RIA Novosti quoted Gazprom's deputy CEO as saying on Friday.

Valery Golubev also said that Gazrom but will cut prices for Latvia and Estonia by 15 percent from Jan. 1, 2011 in exchange for increase in gas selling volumes to the pre-crisis levels.

(Writing by Andrey Ostroukh, editing by Toni Vorobyova)

Source:

http://af.reuters.com/article/energyOilNews/idAFLDE6BN0AJ20101224




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