Bank Of Baku

Medvedev Orders Gazprom to Limit Belarus Gas After Talks Fail‎

Medvedev Orders Gazprom to Limit Belarus Gas After Talks Fail‎
# 22 June 2010 15:30 (UTC +04:00)
Baku - APA-Economics. Russian President Dmitry Medvedev ordered OAO Gazprom to reduce gas supplies to Belarus, which carries about 20 percent of Europe-bound exports of the fuel, this morning after talks over a gas debt failed, said a Kremlin official, who declined to be identified, BusinessWeek reported.

Gazprom Chief Executive Officer Alexei Miller said June 18 that Belarus had until today to pay a $192 million gas bill or lose as much as 85 percent of its Russian supply of the fuel. Belarus’s counterclaims that Gazprom owes transit fees are an attempt to create an “offsides,” he told reporters at the time in St. Petersburg.
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