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163

Russia Increases Gas Export Price for its Ally

Russia's gaz monopoly Gazprom said Belarus must pay three times more for its gas supplies next year

Russia Increases Gas Export Price for its Ally

Russia's gaz monopoly Gazprom said Belarus must pay three times more for its gas supplies next year.

Belarus was the only ex-Soviet republic which did not have Russian gas prices hiked last year.

Belarus said it hoped to reach a compromise acceptable to both sides, on the basis of a decade-old alliance.

Belarus currently pays $46 per 1,000 cubic metres for its Russian gas, the lowest of any former Soviet republic.


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