BELARUS NEWS AND ANALYSIS

DATE:

30/12/2010

Belarussian govt hopes for adjustment of Russian gas price 2011

MINSK, December 30 (Itar-Tass) -- The Belarussian government continues to hope for an adjustment of prices for Russian gas in 2011, First Deputy Prime Minister Vladimir Semashko told the media on Thursday.

"The government of Belarus is making certain efforts to secure an adjustment (of the contract), and in 2011 we achieved the equal profitability prices of gas the way the Russian side understands this," Itar-Tass quotes him as saying.

Semashko said that in 2007 the government of the Russian Federation "adopted certain approaches" to defining the concept of equal profitability of prices of natural gas.

"We, Belarussians, say we are ready to be the first of the three states (within the Common Economic Space) to achieve an equal profitability price the way the Russian side understands it as of January 1. Appropriate messages have been dispatched to the Russian government at various levels," Semashko said.

Asked whether the Belarusian side intended to reach appropriate agreements with Russia by January 1, 2011, Semashko replied that "we do not hurry."

"We can deal with this issue for at least another six weeks," he added, recalling that Belarus was to post the payment for the gas to be consumed in January 2011 on February 20-23.

Source:

http://www.itar-tass.com/eng/level2.html?NewsID=15829094&PageNum=0




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