By Upstream staff
Gazprom will almost halve gas supplies to Belarus from Friday after failing to reach a deal with Minsk over a $456 million gas debt, the Russian gas giant said today.
“We will cut supplies by 45% but fully maintain our transit supplies to Europe via Belarus,” a Gazprom spokesman told Reuters.
“Belarus has so far offered nothing to resolve the debt issue, which we consider a violation of our previous agreements. They have the money to pay back the debt and we do not understand why they don’t want to do it,” he added.
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01 August 2007 08:43 GMT | last updated: 01 August 2007 08:43 GMT
http://www.upstreamonline.com/incoming/article138131.ece
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