BELARUS NEWS AND ANALYSIS

DATE:

26/04/2007

Gazprom Pays for Pipes

Gazprom agreed to pay $2.5 billion for a 50 percent stake in Belarus' pipeline company, which supplies gas to Poland and Germany.

Gazprom's directors approved buying the stake in state-owned Beltransgaz, the Russian company said Wednesday in a statement.

Belarus and Gazprom initially agreed on the pipeline sale on Dec. 31. The same day, Belarus agreed to pay $100 per 1,000 cubic meters for Russian supplies. (Bloomberg)

Source:

http://www.themoscowtimes.com/stories/2007/04/26/061.html