Russia said No Plans to Change Gas Price for Belarus

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Moscow has no plans to change gas price for Minsk in the third quarter of 2016, since it should be defined by the contract currently in force, Russian Energy Minister Alexander Novak said Saturday.

To date, Belarus has received Russian gas from Gazprom Transgaz Belarus, a subsidiary of the Russian energy giant Gazprom, at $142 per 1,000 cubic meters. In early April, Belarusian Prime Minister Andrei Kobyakov said that the Russian gas price for Belarus should be $80 per 1,000 cubic meters. "Our contract is designed for the whole year and is calculated using a formula. There should not be any agreements, because the price is determined in accordance with the gas deliveries within the framework of a commercial contract," Novak told RIA Novosti.

Moscow has no plans to file a lawsuit against Minsk in the Stockholm Arbitration Court to settle the issues with the debt payment for the Russian gas, he added.

Early in May, Gazprom Transgaz Belarus filed a lawsuit with the International Arbitration Court at the Belarusian Chamber of Commerce and Industry (BelCCI) with arrears claims toward the country’s gas providers. Russian Energy Minister Alexander Novak said Thursday that Minsk owes Gazprom $125 million for January-April deliveries, which Potupchik declined to recognize.

It may suggest that political pressure is on-going with Belarus with gaz deal.

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