Beltransgaz decided on the payout in compliance with the contract signed on 31 December, 2006, thus showing its readiness to pay for the gas under the contract terms, a spokesman for Gazprom said.
However, Moscow expects Minsk to promptly pay out its $192 million debt for the gas delivered since the beginning of this year.
Belarus has been paying an old price of $150 per 1,000 cubic meters of gas instead of $169.20 that Gazprom charged in the first quarter and $184.80 in the second.
Gazprom started decreasing gas deliveries on Monday and plans to slash them by 85%, in accordance with Belarus’s debt. Today Russia has reduced gas deliveries to Belarus by 60% of the contractual amount.
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Industry and Energy
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