BREAKING NEWS

BREAKING NEWS

Minsk-Moscow gas dispute threatens transit to EU

Now Reading:

Minsk-Moscow gas dispute threatens transit to EU

Text size Aa Aa

The smooth flow of Europe’s winter energy supply from Russia is in doubt. Belarus is threatening to stop gas transit. It is in a row with Moscow over how much it is willing to pay for its domestic needs. On January 1st, the Russians are threatening to cut off their friends in Belarus. A source at Russia’s Gazprom likened the standoff to last year’s with Ukraine.

A company spokesman said concessions were ending: “Gazprom is not Santa Claus.”

Gazprom said it has cut its price proposal to $105 per 1,000 cubic metres. Belarus now pays just over $46. Minsk has rejected a price break consisting of handing over its distribution company.

Critics have already accused Moscow of using energy to exert political pressure on neighbours, and Russia is trying to cultivate a ‘reliable supplier image’ with its EU customers.