Russia's gas giant Gazprom has warned that it will reduce supplies to Belarus unless Minsk settles its $192 million debt, the company's CEO Alexei Miller said in an interview with Rossiya 24 TV channel. Mr. Miller added that the talks held with the Belorussian partners on Saturday ended with no result. Since early 2010 Minsk has been paying for the Russian gas a price that had not been approved by Gazprom.
Gazprom`s official spokesman Sergei Kupriyanov had noted earlier that the company would cut gas supplies to Belarus by 85% starting from 10 a.m Moscow time on Monday. He added however that the European consumers would receive the usual amounts of supplies from Russia.