USD 80.5268

-0.16

EUR 93.3684

-1.09

Brent 66.42

-0.27

Natural gas 2.801

-0.01

121

Belarus: Russia's Gas Price Hiking Will Hit its Economy

He said in the parliament on Thursday that Russia's company Gazprom had earlier declared a plan of increasing prices of gas

Belarus: Russia's Gas Price Hiking Will Hit its Economy

The first deputy chief of te National Bank of Belarus, Yury Alymov said that Russia's increasing of gas price would cause a reduction of currency revenues and problems with the exchange rate of the Belarussian currency.

He said in the parliament on Thursday that Russia?s company Gazprom had earlier declared a plan of increasing prices of gas delivered to Belarus in 2007 to a European level.

Belarus pays 46 dollars for 1,000 cubic meters of gas at present.

?If the price is 95 dollars, it will negatively affect the Belarussian economy. I think, reason will prevail, and there will be not an abrupt but gradual increase of the price in the framework of the union state that we are building with Russia/ If the price is increased by 10 percent, this will be normal,? Alymov said.

Подпишитесь

Follow us on Google News
Advertising at neftegaz.ru

Subscribe to our newsletter

of the best materials Neftegaz.RU

* Incorrect E-Mail Address

By clicking the "Subscribe" button I accept the "Agreement on the processing of personal data"


Advertising at neftegaz.ru