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Consultations over gas discount for Belarus will continue — Russia’s energy minister

According to Alexander Novak, Russia’s gas price for Belarus is now the lowest, based on "current agreements of 2011 and 2014"

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Belarus is not raising a question of changing formula of payment for Russian gas

MINSK, February 25. /TASS/. Consultations on gas discount for Belarus will continue, Russia’s Energy Minister Alexander Novak said Thursday.

"The topic was brought up though no decisions were taken while related ministries were requested to continue consultations regarding the issue with respective economic entities," the minister said.

According to Novak, Russia’s gas price for Belarus is now the lowest, based on "current agreements of 2011 and 2014."

On January 13, Deputy Prime Minister Arkady Dvorkovich and Belarus Vladimir Semashko held talks but failed to reach any agreements related to gas discount. According to Deputy Energy Minister Anatoly Yanovsky, no agreement was reached and the date of a new date was not set. Yanovsky added that it no longer concerns a 10% cut but implies concrete figures.

Deputy Energy Minister of Belarus Vadim Zakrevski previously told reporters that the Energy Ministry expected the price for Russian gas to be slashed in 2016 by more than $10 per 1,000 cubic meters. Although, he said, the acceptable price now is $142.37 per 1,000 cubic meters.

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Belarus Oil & Gas

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