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Russia's Gazprom increases gas supplies cuts to Belarus to 30 pct from 15 pct-Miller

Oil&Gas Materials 22 June 2010 11:35 (UTC +04:00)
Russian gas export monopoly Gazprom cut its supplies to Belarus further, to 30 percent from a previous 15 percent over debts, Gazprom Chief Executive Officer Alexei Miller said on Tuesday.
Russia's Gazprom increases gas supplies cuts to Belarus to 30 pct from 15 pct-Miller

Russian gas export monopoly Gazprom cut its supplies to Belarus further, to 30 percent from a previous 15 percent over debts, Gazprom Chief Executive Officer Alexei Miller said on Tuesday, RIA Novosti reported.

The Russian giant decreased its Belarus supplies 15 percent on Monday over a $200 million debt Minsk has accumulated since the start of the year.

Belarusian First Deputy Energy Minister Eduard Tovpinets said Monday his country would pay in full by June 23 for Russian gas supplied in May and settle the total debt by July 5.

Minsk has paid for Russian gas at the 2009 price of $150 per 1,000 cubic meters this year, despite increases to $169 per 1,000 cu m in the first quarter and $185 in the second quarter.

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