BELARUS NEWS AND ANALYSIS
DATE:
21/12/2010
Belarus may pay less for Russian gas in 2011 - Mr Surikov
Interfax reported that Mr Alexander Surikov Russian Ambassador to Belarus has acknowledged the possibility of a gas price reduction for Belarus in 2011.
He said that "Belarusian and our energy officials are discussing a possible reduction of the gas price in 2011 in the case that crude prices are too high. He added that I cannot say which can cause that."
Mr Alexander Surikov said "Unluckily for the Belarusian economy, crude prices are speculatively growing and this entails a increase in gas prices. He said that the main task is to draft a contract for 2012-2015."
He added that Russia is prepared to fully meet the Belarusian crude demand. He also said "That is simple. We will give as much spare crude as we have."
Mr Alexander Surikov said Russia will agree to the Belarusian re export of Russian crude if the duties are transferred to the Russian budget. He said that "If Belarus wishes to sell crude, it must transfer 100% of the customs duty to Russia."
He added that "It is a choice of Belarus which suppliers and how much crude to have."
(Sourced from Interfax)
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