BELARUS NEWS AND ANALYSIS

DATE:

12/02/2008

Russia To Preserve Favorable Gas Price For Belarus

Russian Ambassador to Belarus Aleksandr Surikov said on February 11 in Minsk that starting on April 1 Russia will increase the price for natural gas supplied to Belarus by no more than 10 percent, RFE/RL's Belarus Service reported. Belarus currently pays $119.5 per 1,000 cubic meters of Russian gas. Under a five-year contract signed in December 2006, Belarus and Russia are transiting toward market relations in gas supplies. The price of Russian gas 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. AM

Source:

http://www.rferl.org/newsline/2008/02/3-cee/cee-120208.asp

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