Belarus’ debt to Gazprom at $273m – media
<p> MINSK, Jul 21 - PrimePress Belarus’ debt to Russian gas monopolist Gazprom for the supplied natural gas has grown from $165.6 million as of late May 2020 to $273 million, Interfax news agency said on July 21, citing a source familiar with the matter. </p> <p> </p> <p> The source does not rule out that “the debt may be paid off in the near future.” </p> <p> </p> <p> Belarus reduced the import of Russian natural gas in January-May 2020 by 10.4% year on year to 7.948 billion cubic meters, according to official statistics. </p> <p> </p> <p> In monetary terms, Belarus reduced the import in Jan-May 2020 by 10.2% yoy to $1.035 billion. </p> <p> </p> <p> As previously reported, Belarus annually imports around 20 billion cubic meters of gas from the Russian Federation. The price for 2020 agreed on in February 2020 stands at $127 per 1,000 cubic meters. The statistically higher price than that indicated in the contract ($130 against $127) is likely due to the increased calorific value of the supplied gas, as Russian Gazprom said. Belarus does not agree that the calorific value of gas has increased, and pays the price that it set unilaterally. According to Gazprom’s estimates, this resulted in the accumulated debt of $165.6 million as of early June 2020. End </p>
2020-07-22
Primepress
Belarus’ debt to Gazprom at $273m – media
MINSK, Jul 21 - PrimePress Belarus’ debt to Russian gas monopolist Gazprom for the supplied natural gas has grown from $165.6 million as of late May 2020 to $273 million, Interfax news agency said on July 21, citing a source familiar with the matter.
The source does not rule out that “the debt may be paid off in the near future.”
Belarus reduced the import of Russian natural gas in January-May 2020 by 10.4% year on year to 7.948 billion cubic meters, according to official statistics.
In monetary terms, Belarus reduced the import in Jan-May 2020 by 10.2% yoy to $1.035 billion.
As previously reported, Belarus annually imports around 20 billion cubic meters of gas from the Russian Federation. The price for 2020 agreed on in February 2020 stands at $127 per 1,000 cubic meters. The statistically higher price than that indicated in the contract ($130 against $127) is likely due to the increased calorific value of the supplied gas, as Russian Gazprom said. Belarus does not agree that the calorific value of gas has increased, and pays the price that it set unilaterally. According to Gazprom’s estimates, this resulted in the accumulated debt of $165.6 million as of early June 2020. End