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Belarus signs protocol with Gazprom on gas prices until 2025

According to the document, the price for Belarus determined in relation to the Russian ruble, based on the 2022 conditions

MINSK, February 23. /TASS/. Belarus' Ministry of Energy signed a protocol with Gazprom on the process for establishing prices for natural gas delivery to Belarus by 2025, as well as the level of markup, based on 2022 conditions, the press service of the department announced on Thursday.

"A protocol was signed between Gazprom and the government of Belarus on the process for establishing prices for natural gas supply to Belarus and the level of markup on natural gas sold by Gazprom Transgaz Belarus to buyers in the Republic of Belarus for the period 2023-2025," the statement said. According to the document, the gas price for Belarus is determined in relation to the Russian ruble and is based on the 2022 conditions.

Prime Minister of Belarus Roman Golovchenko stated in December 2022 that Moscow and Minsk had agreed to set gas prices for the country for three years. Russian Miniser of Energy Nikolay Shulginov in turn stated that the price of Russian gas for Belarus in 2023 has been agreed to be the same as last year ($128.5 per 1,000 cubic meters) in Russian rubles. In February, Gazprom and its subsidiary Gazprom Transgaz Belarus extended contracts for gas supplies to Belarus for 2023-2025 and transit through its territory in 2023.