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Russia to announce gas discount for Belarus in coming days

On April 3, after the meeting between presidents of Russia and Belarus it was announced that the oil and gas dispute between the two states had been settled

MOSCOW, April 5. /TASS/. The discount on gas for Belarus, which will be effective from 2018, has already been determined and will be announced in the coming days, Deputy Prime Minister Arkady Dvorkovich told reporters.

Read also

Russia to resume oil supplies to Belarus on April 13 once gas debt repaid

"You will find out in the next few days, it has already been determined, legal procedures are simply being completed," he said.

On April 3, after the meeting between Presidents of Russia and Belarus, Vladimir Putin and Alexander Lukashenko, it was announced that the oil and gas dispute between the two states had been settled.

According to the agreement, Belarus will repay the debt to Gazprom in the amount of more than $700 mln. In response Russia will increase duty-free oil supplies to Belarus from 18 million to 24 million tonnes and will provide a discount starting from 2018.

At the same time, Belarus and Russia will develop the rules for a single gas market by January 1, 2018.

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Belarus Oil & Gas

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