Friday, August 26, 2016

Belarus and Russia switched to ruble payments for gas – News Economy

Print Working groups of governments of Belarus and Russia agreed on a new formula for calculating the price for Russian gas for Belarus – in Russian rubles, on what previously insisted Minsk Earlier, the two countries were used in the calculations for natural gas dollars. and now moved to the formula prices in rubles on the basis of the average gas prices in Russia with the step-up ratio.

After the devaluation in Russia and Belarus in 2014-2015 gg. Minsk said the need to transition payments for gas in rubles, because in dollar terms for Russian gas has become very expensive for the Belarusian economy.

But “Gazprom” has left the previous conditions for Belarus, which led to the formation of Minsk’s debt for gas of $ 300 million.

In order to reduce the price of gas debt to Moscow, Minsk has been reduced from about $ 132 to $ 100 per 1 thousand. cubic meters. m 2017

Now, with Belarus in 2017 will pay for gas in rubles at the price of 6 thousand. rub. for 1 thousand. cubic meters. m, which will reduce the load to the Belarusian budget by about 30%.

Also, according to the results of negotiations between Minsk and Moscow agreed that the cost of gas in Russia and Belarus will be equal in 2025, when he should make a single electricity market two countries.

according to the newspaper “Kommersant”, from 2017, the price of gas for Belarus will be determined by the average price for the unified gas Supply system (UGS) of Russia, multiplied by the multiplying factor.

For 2017, the average price determined at about 4.05 thous. rub. for 1 thousand. cubic meters. m, and the step-up ratio is approximately 1,48.

Thus, the price for Belarus in 2017 will be about 6 thousand. rub. for 1 thousand. cubic meters. m. For the remaining months of 2016 will set a fixed price of 6.3 thousand. rub. for 1 thousand. cubic meters. m.

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