Belarus fails to get Russian gas discount

Deputy Prime Minister Arkady Dvorkovich and his Belarusian counterpart Uladzimir Syamashka failed to agree on a discount for Russian gas, Russian Deputy Energy Minister Anatoly Yanovsky told journalists.

According to him, the Belarusian side suggested not a discount but a certain percentage, some absolute figure.

He did not specify the size of the discount requested by Minsk as well as the duration of the negotiations.

The only buyer of Gazprom gaz in Belarus is its 100 per cent owned subsidiary Gazprom Transgaz Belarus. Since 2008, the year the price of gas has been calculated according to the formula on a quarterly basis, taking into account changes in the index of prices for gas oil and fuel oil (in 2013, the formula was fixed in the intergovernmental agreement). In the third quarter of 2015, the contract price was $142.32 per thousand cubic meters.

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