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Price Decrease on Russian Natural Gas Export 11:01, 02/05/2002
Russia reduced her prices on natural gas, exported to Belarus, to the level of Russian market. Now Belarus will be able to purchase gas on the conditions of the Smolenk region of Russia, which borders on Belarus. Before May 1 Gasprom sold the “blue fuel” to Belarus at $30 per thousand cubic meters, while the analogous price for the Smolensk region constitutes $21,17.
As calculated by the Belarusian side, as a result of the price-decrease on gas import, Belarus, which annually utilizes up to 16bln cubic meters of gas, may save them around $141mln.
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