Open

Coming up

Don't miss

Replay


LATEST SHOWS

THE INTERVIEW

Whistleblower James Wasserstrom slams UN over its failure to fight corruption

Read more

LIFESTYLES

New garden concepts

Read more

FOCUS

Indian uranium mines take heavy toll on locals and environment

Read more

WEB NEWS

Calls for Mexican president to resign gain traction

Read more

INSIDE THE AMERICAS

Brazil: The battle for undecided voters

Read more

BUSINESS DAILY

Drugmakers to join forces in tackling Ebola

Read more

DEBATE

Rape as a weapon of war: How to stop impunity in eastern Congo? (part 2)

Read more

DEBATE

Rape as a weapon of war: How to stop impunity in eastern Congo?

Read more

AFRICA NEWS

Exiled family returns to Somaliland

Read more

Business

Gazprom resumes gas supplies to Belarus

Text by News Wires

Latest update : 2010-06-24

Russia’s natural gas monopoly Gazprom announced Thursday it is resuming its gas supplies to Belarus now that it has settled its $200 million debt in full. Belarus is now demanding that Russia pay a $260 million debt for transit of gas to the West.

AP - Russia’s state-controlled natural gas monopoly said Thursday it is resuming gas supplies to Belarus now that it has paid its nearly $200 million debt for previous shipments.

The Kremlin said the chief of Russia’s state-controlled Gazprom natural gas giant, Alexei Miller, has told Russian President Dmitry Medvedev the company would resume supplies to Belarus.

Belarus said Wednesday it had paid the debt to Russia, but demanded in return that Moscow pay what it claims is a $260 million Russian debt for transit of gas to the West. Belarus has threatened to cut transit of Russian gas Thursday if Moscow doesn’t pay off the debt.

Gazprom spokesman Sergei Kupriyanov refused to comment on the Belarusian demand.
On Wednesday, Belarus cut transit shipments of Russian gas to European Union member Lithuania by 30 percent.

The EU voiced dismay. EU spokeswoman Marlene Holzner said the bloc’s energy commissioner, Guenther Oettinger, told Russian and Belarus officials in telephone calls that “Europe must not be taken hostage in this dispute” and expects that gas flows will remain uninterrupted.

About 80 percent of Russian gas exported to Europe normally goes through Ukraine, while the rest is carried via Belarusian pipelines.

Russia has cut gas supplies to both Ukraine and Belarus several times in recent years due to payment disputes, and many European consumers have suffered amid freezing winter temperatures. The cutoffs have prompted the EU to search for alternate gas supply routes.

Russia is Belarus’ main ally and sponsor, but relations between the two former Soviet countries have been strained by financial arguments.

Belarus has insisted that Russia should provide cheaper oil and gas as part of the customs union deal that is to come into force next month, but Russia has refused.

Date created : 2010-06-24

  • ENERGY

    Russia's Gazprom cuts gas supply to Belarus in payments dispute

    Read more

  • ENERGY

    Russia - Belarus oil row rumbles on

    Read more

  • ENERGY

    Oil nears $80 a barrel after Russia briefly halts supply via Belarus

    Read more

COMMENT(S)