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Belarus to pay for Russian gas in Russian rubles from April

The price for Russian gas for Belarus in 2022 remain the same as in 2021. Now Belarus pays $128.5 per 1000 m3 of Russian gas

Belarus to pay for Russian gas in Russian rubles from April

Source: Kremlin.ru

Minsk, April 6 - Neftegaz.RU. Belarusian government announced that the country will start to pay for Russian gas in Russian roubles from April.

Transition of Belarusian payments for natural gas to Russian rubles will reduce the financial burden on the real sector of the economy, the press service of the Belarusian Energy Ministry told BelTA.

The transition will help reduce financial burden by negating changes of the Belarusian ruble's exchange rate to the U.S. dollar.

The tariffs consumers in Belarus pay will be reduced practically to the level of February 2022.
The arrangement will not affect the natural gas and energy prices that Belarusian households pay.

Belarus' switch to Russian rubles in payments for natural gas is stipulated by the documents signed as a result of a meeting of Belarusian Energy Minister Viktor Karankevich, Ambassador Extraordinary & Plenipotentiary of Belarus to Russia Vladimir Semashko, and Gazprom Chairman Alexey Miller in St Petersburg.

The documents stipulate terms of Russian natural gas deliveries to Belarus in 2022 taking into account the transition of transactions to Russian rubles.

Belarus - seen as a close ally of Russia - serves as an important transit route for Russian oil & gas to Europe.
Around 20% of Russian gas passes through Belarus on its way to the EU, with the bulk going predominantly to Germany.

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