BELARUS NEWS AND ANALYSIS

DATE:

27/12/2008

Gas price for Belarus in 2009 to be higher than in 2008, lower thanstipulated by contract - Gazprom spokesman

MOSCOW. Dec 27 (Interfax) - The price at which Belarus will import natural gas from Russia in 2009 will be higher than in 2008 but lower than that stipulated by a contract existing between the two countries, Gazprom spokesman Sergei Kupriyanov said.

"The price for Belarus will be slightly lower than it should be in line with the original contract," Kupriyanov said on Echo Moskvy radio on Saturday.

"It is important not only to set the price but also to get the money," he said.

At the beginning of the 2009, Belarus will buy Russian gas at a higher price than now, but then it will go down following the declining oil price, Kupriyanov said. The gas price will also be declining "for all European partners, for the Baltic states, and for Moldova," he said.

It was reported earlier that, in line with the price formula set for Belarus, gas sold to that country should cost it 67% of the average European price in 2008, 80% of this price in 2009, and 90% in 2010.

Since April 1, 2008, Belarus has paid $129 per 1,000 cubic meters of Russian gas, compared to $119 per 1,000 cubic meters it had paid from January 1, to April 1, 2008.

Source:

http://www.interfax.com/3/458736/news.aspx

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