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News // Politics

Europe Will Run Out Of Gas: Belarus

29 December 2006 , 10:39460
If the gas price row between Russia and Belarus continue, the gas supplies to Europe may be in danger, a top Belarus official said.

"We are interdependent", Belarus' Deputy Prime Minister Vladimir Semashko said late Tuesday in Minsk after returning from failed gas price negotiations with Gazprom.

"If I don't have a domestic gas supply contract, Gazprom won't have a transit deal."

Belarus currently pays $47 per 1,000 cubic meters of gas from Gazprom, one of the lowest prices in the region; Gazprom wants to raise the price to $110 and wants to be handed a 50 percent share of the country's pipeline network. Western Europe pays over $200 for Russian gas.

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