News // Russia
Belarus and Russia in negotiations on pricing natural gas deliveries in 2020-2024
21 December 2017 , 12:11Neftegaz.RU825
Belarus and Russia are negotiating the formula for pricing natural gas deliveries in 2020-2024, Belarusian BelTa reported on December 20, 2017.
Deputy Prime Minister of Belarus Vladimir Semashko made the statement during the joint session of the 2 chambers of the Belarusian parliament on 20 December.
Vladimir Semashko said: «We are in negotiations with Russia on the formula for pricing natural gas deliveries in 2020-2024 in order to enable a common gas market by 1 January 2025.» In his words, Belarus believes that the price for Russian natural gas at the border should be roughly the same as the price in nearby Russian regions.
«For now we pay 2.08 times more for Russian natural gas,» explained the official. Vladimir Semashko stated that the problem of the volume and the cost of Russian natural gas deliveries to Belarus had been resolved through 2019.
«This year we've paid $143.6 per 1,000m3. Plus certain support of Belarus' budget. Next year regardless of the market situation the price will go down to $129 per 1,000m3. In 2019 the price will be $127,» he said.
00:01 25.03.2019Germany's Wintershall eyes Russian expansion after DEA merger
18:00 21.03.2019NGV fuel becoming increasingly popular in Russia
16:08 21.03.2019Deputy Premier explains Belarus' position on EAEU gas transit rates
18:00 19.03.2019Moscow and Baku mull Russian oil to Turkey's STAR refinery