News // Energy
Belarus and Russia to hold talks on common gas market in June
14 June 2017 , 12:14Neftegaz.RU416
Belarus and Russia are planning to hold talks on the common gas market by the end of the month, Belarus Deputy Prime Minister Vladimir Semashko said during a presentation ceremony of Amkodor-Semash holding company, belarusian BelTA has learned on June 13, 2017.
«In terms of gas we have all the issues settled for 3 years ahead until 2019. Now we continue the talks. At the level of deputy ministers we worked out the order of formation and functioning of the common gas market after 2019 and up to 2025. I think we will meet with our Russian colleagues by the end of the month to discuss the mechanisms of price formation and the operation of the gas market,» Vladimir Semashko said.
Vladimir Semashko stressed that Belarus and Russia had the oil issues settled until 2025.
«We agreed that it will be 24 million tonnes of oil per year. This is exactly the amount our 2 oil refineries in Mozyr and Novopolotsk need to operate at their 100% capacity. The entire amount will be pipef. We used to transport some amount of oil by road, which was not very profitable for us. We got some of our commitments removed. For example, one of them was to supply diesel fuel, gasoline to Russia. We have no unresolved issues in terms of oil,» he said.
The common gas market must be created by 1 January 2025.
Belarus and Russia are now discussing the principles of its formation and functions.
A task has been set to prepare the relevant documents for consideration and eventual adoption by 1 January 2018.
If the principles of the common gas market are agreed upon with Russia, then the document will be submitted to the Eurasian Economic Union partners – Kazakhstan, Kyrgyzstan and Armenia.
«They will examine it and see whether they are ready to work on such principles. Moreover, we agreed with Russia that if, for some reason, our partners refuse to participate, then we will develop the gas market between us: Russia and Belarus,» Vladimir Semashko said.
16:09 16.03.2018Russia and Ukraine to discuss latest gas dispute by end-March
16:09 15.03.2018Serbia eyes chance to sell on Russian gas
10:10 15.03.2018Gazprom to cut overseas jobs, move traders back to Russia
18:00 14.03.2018Focus on Bulgaria: the Energy Union tour
12:08 14.03.2018Azerbaijan, Iran and Russia create joint energy corridor