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News // Politics

Belarus and Russia close to agreement on natural gas deliveries

24 February 2017 , 17:32Neftegaz.RU609

Belarus and Russia are close to an agreement on terms of delivering natural gas, BelTa learned from Deputy Prime Minister of Belarus Vladimir Semashko during the session of the Energy Ministry board on 24 February, 2017.

 

The Deputy Prime Minister said: «We must resolve the issue. We must secure a substantial decrease in the price for natural gas. We've been working on it for nearly a year and a half and I hope we are close to resolution

 

«We've come up with a trajectory for moving towards a common electricity market and a common market of natural gas and oil. The trajectory for reducing the price is available. We are likely to fix on domestic Russian prices. At least this is what the latest agreed version of our roadmap or the protocol says,» added the Deputy Prime Minister of Belarus.

 

The facts allow one to expect that by 1 July 2019 the price for the natural gas Belarus receives at the Belarusian-Russian border will be comparable to the price for natural gas inside Russia and that as from 1 January 2025 the price for the natural gas Belarus imports will be equal to the price for natural gas in Russia's Smolensk Oblast.

 

The decisions on the Russian gas deliveries to Belarus have been reached and are to be coordinated at the political level
Read full text at: http://eng.belta.by/economics/view/decisions-on-russian-gas-deliveries-to-belarus-reached-98987-2017/
If you use BelTA’s materials, you must credit us with a hyperlink to eng.belta.by.

The decisions on the Russian gas deliveries to Belarus have been reached and are to be coordinated at the political level, Belarus will continue to pay for Russian gas using the price of gas on the Yamal Peninsula formula in 2017 until the gas issue is completely settled, Belarusian Energy Minister Vladimir Potupchik told reporters on 24 February, 2017.

 

To read this news in Russian.

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