Lukashenka called the Russian gas price for Belarus

Under the new agreement, Belarus will pay for Russian gas of $130 per thousand cubic meters. This was announced by the President of the country Alexander Lukashenko at the meeting on problems and prospects of development of Belarusian science, BelTA has learned.

He explained that the price of natural gas is tied to oil, so in the case of reducing the cost of a barrel of oil falling and the price of gas. According to Lukashenko, according to the formula Minsk had to pay up to $100 per thousand cubic meters of gas. However, Russia has decided to increase the cost to $130, saying that the minimum price in comparison with the global market.

“Such rates in the world — it’s really true. But the truth after all and that we in the Union state, we have a single market, we must have equal conditions for people, economic entities,” — said the President of Belarus.

According to Lukashenko, Russia’s President Vladimir Putin assured him he did not want the deterioration of the economic situation in Belarus. However, in the interests of Moscow — finish the execution of the contract in which the price is listed at $130 per thousand cubic meters. The parties decided to compromise and negotiate, that the costs will be compensated for by re-exports of oil.

“It is profitable. Putin asks, “so, do You know how much it is going to be this year? Half a billion dollars”, — said Lukashenko.

The presidents of Russia and Belarus met in Strelna, on 3 April. Then they announced that Moscow and Minsk have decided all disputed issues relating to gas prices.

What is agreed and not agreed Russia and Belarus

Putin said that the sides agreed on cooperation in the next three years. Russia and Belarus should finally settle all the questions before April 13. By January 1, 2018 the parties shall develop rules for the common market of gas, and by 2024, is planning to negotiate the signing of an intergovernmental agreement in the framework of the Eurasian economic community.

Deputy Prime Minister Arkady Dvorkovich said that “Gazprom” from 2018 to late 2019 will give Belarus a discount in the form of the reduction coefficient to the price formula for gas. Discount he never said, referring to corporate standards.

Starting in 2016, Minsk seeks to reduce gas prices. Belarus would pay $73 per 1 thousand cubic meters of Russian gas instead of $132. Russia believes that the Belarusian side did not pay about $300 million In response to it has been cut supplies of duty-free oil with a planned 24 million tonnes to 18 million tonnes.