BELARUS NEWS AND ANALYSIS

DATE:

23/07/2009

Belarus pays for gas shipped in June - Minsk

MINSK. July 23 (Interfax) - Belarus has paid to Gazprom (RTS: GAZP) for the gas shipped in June at an average annual price, Belarus' First Deputy Energy Minister Eduard Tovpenets told Interfax on Thursday.

"We paid for June before July 23, as the contract requires. The payment was made at the average annual price - $150 per 1,000 cubic meters," said Tovpenets.

"We have been rigorously observing the timeframe in accordance with the agreement between the Belarusian and Russian presidents," he said.

"We are going to repay the debt, accumulated at the beginning of the year, as early as in August. The debt was due to an excess of the contract price over the average annual price in the first quarter.

Earlier reports quoted Gazprom CEO Alexei Miller as saying in late June that Belarus owed Gazprom $244 million for gas.

Source:

http://www.interfax.com/3/507148/news.aspx

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