Russian gas producer OAO Gazprom (GAZP.RS) could lose between $2.5 billion and $3 billion in revenue next year from discounts to neighboring Belarus, newspaper Vedomosti reports.
Russian gas producer OAO Gazprom (GAZP.RS) could lose between $2.5
billion and $3 billion in revenue next year from discounts to neighboring
Belarus
,
newspaper Vedomosti reports.
Russian Prime Minister Vladimir Putin Monday offered
Belarus
a
discounted gas price in connection with its participation in the Customs Union,
a trade group comprising
Russia
,
Kazakhstan
and
Belarus
.
Putin said the discount would be implemented for gas supplies to
Belarus
in
2012. The size of the discount will be negotiated between Gazprom and
Belarusian state-owned gas pipeline company Beltransgaz. The price talks will
be a part of negotiations to sell 50% of Beltransgaz to Gazprom, Putin said. Gazprom
declined to comment.
In 2006, Gazprom bought a 50% stake in Beltransgaz for $2.5 billion.
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