BELARUS NEWS AND ANALYSIS

DATE:

03/08/2007

Belarus partially repays debt to Gazprom

RBC, 03.08.2007, Moscow 11:46:22.Belarus has made the first installment of $190m to pay off its $456.16m debt for Gazprom's natural gas supplies in the first half of 2007, Beltransgaz's press office reported to RBC, citing the company's Deputy General Director Tsvitomir Sorokhan. He pointed out that the payment was made this morning and that there had been no changes in the gas supply as of 9 a.m. He added that Beltransgaz was in a position to fulfill its commitments to Gazprom.

Meanwhile, representatives from Gazprom have confirmed that talks between the energy holding and Belarus have been completed, with Gazprom's management making the decision to postpone cutting back gas supplies to the republic. However, Beltransgaz will have to make all payments within one week.

Source:

http://www.rbcnews.com/free/20070803114622.shtml

Google