Belarus and Armenia reject EEU gas tariff formula – Putin
<p> MINSK, May 19 - PrimePress. Armenia and Belarus do not accept the proposed common formula for calculating gas tariffs in the Eurasian Economic Union (EEU), Russian President Vladimir Putin said on May 19 at the session of the Supreme Eurasian Economic Council. </p> <p> </p> <p> The formula was proposed in the draft EEU Development Strategy for the period to 2025. The draft has been virtually approved with the exception of one item regarding gas transportation tariffs, Putin said. </p> <p> </p> <p> “There is a formula that three countries–Russia, Kazakhstan and Kyrgyzstan–support. Approaches to gas pricing could be determined later in talks on the EEU gas market. This formula has not yet been accepted by our Armenian and Belarusian counterparts. They have their own point of view on this matter. If they agreed, there would be no other obstacles to approving the Strategy,” Putin said. </p> <p> </p> <p> The EEU common gas market is expected to begin functioning in 2025. Head of the Eurasian Economic Commission (EEC) Mikhail Myasnikovich said in early March that the EEU members were going to prepare a draft agreement on the gas market functioning before 2022. He said in February that a single market implies unified transportation tariffs. </p> <p> </p> <p> The EEU prime ministers failed to reach a consensus on the tariffs in late April. </p> <p> </p> <p> As reported, in February 2020, Gazprom head Alexei Miller and Belarus’ Ambassador to the Russian Federation Vladimir Semashko approved a pricing procedure for supplies of Russian gas to Belarus in 2020, which left the gas price for Belarus at the level of 2019 ($127 per 1,000 cubic meters). Since then, Belarus has been insisting that Russian gas for Minsk should equal Russia’s domestic prices, as provided for by the 2011 agreement on the sale of Beltransgaz gas transmission company to Gazprom. </p> <p> </p> <p> Lukashenko and the Prime Minister of Armenia Nikol Pashinyan agreed in a telephone talk on March 31 that the price of Russian natural gas was unreasonably high and, obviously, did not correspond to the current global situation. </p> <p> </p> <p> Prime Minister of Belarus Sergei Rumas said on May 14 that Belarus would try to prove to Gazprom in May 2020 that the price of gas imported from Russia at $127 per 1,000 cubic meters is excessive, since the spot price stands at $80. </p> <p> </p> <p> The Eurasian Economic Union is an international integration economic association that has been operating since January 1, 2015. It unites Russia, Armenia, Belarus, Kazakhstan and Kyrgyzstan. Belarus is presiding in EEU bodies in 2020. End </p>
2020-05-20
Primepress
Belarus and Armenia reject EEU gas tariff formula – Putin
MINSK, May 19 - PrimePress. Armenia and Belarus do not accept the proposed common formula for calculating gas tariffs in the Eurasian Economic Union (EEU), Russian President Vladimir Putin said on May 19 at the session of the Supreme Eurasian Economic Council.
The formula was proposed in the draft EEU Development Strategy for the period to 2025. The draft has been virtually approved with the exception of one item regarding gas transportation tariffs, Putin said.
“There is a formula that three countries–Russia, Kazakhstan and Kyrgyzstan–support. Approaches to gas pricing could be determined later in talks on the EEU gas market. This formula has not yet been accepted by our Armenian and Belarusian counterparts. They have their own point of view on this matter. If they agreed, there would be no other obstacles to approving the Strategy,” Putin said.
The EEU common gas market is expected to begin functioning in 2025. Head of the Eurasian Economic Commission (EEC) Mikhail Myasnikovich said in early March that the EEU members were going to prepare a draft agreement on the gas market functioning before 2022. He said in February that a single market implies unified transportation tariffs.
The EEU prime ministers failed to reach a consensus on the tariffs in late April.
As reported, in February 2020, Gazprom head Alexei Miller and Belarus’ Ambassador to the Russian Federation Vladimir Semashko approved a pricing procedure for supplies of Russian gas to Belarus in 2020, which left the gas price for Belarus at the level of 2019 ($127 per 1,000 cubic meters). Since then, Belarus has been insisting that Russian gas for Minsk should equal Russia’s domestic prices, as provided for by the 2011 agreement on the sale of Beltransgaz gas transmission company to Gazprom.
Lukashenko and the Prime Minister of Armenia Nikol Pashinyan agreed in a telephone talk on March 31 that the price of Russian natural gas was unreasonably high and, obviously, did not correspond to the current global situation.
Prime Minister of Belarus Sergei Rumas said on May 14 that Belarus would try to prove to Gazprom in May 2020 that the price of gas imported from Russia at $127 per 1,000 cubic meters is excessive, since the spot price stands at $80.
The Eurasian Economic Union is an international integration economic association that has been operating since January 1, 2015. It unites Russia, Armenia, Belarus, Kazakhstan and Kyrgyzstan. Belarus is presiding in EEU bodies in 2020. End