BELARUS NEWS AND ANALYSIS

DATE:

21/06/2010

Gazprom starts stage-by-stage reduction of gas supplies to Belarus

Gazprom has got down to a stage-by-stage reduction of gas supplies to Belarus. According to the Company's CEO Alexei Miller, Belarus has failed to clear the debt. The day's gas supply quota was cut by 15% at 10 a.m. Moscow time today. The reductions will gradually reach 85% of the amount normally supplied to Belarus, - in proportion with the debt. But Europe will get the full amount of Russian gas.

Miller told Russian President Dmitry Medvedev earlier today that Minsk suggested paying off its debt in machinery, equipment and other goods. However, the Russian leader said that under this country's laws foreign payments can only be accepted in foreign currency. He told Gazprom to make further efforts to settle the problem, proceeding from partnership relations between Russia and Belarus.

Source:

http://english.ruvr.ru/2010/06/21/10280002.html


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