- CNTV English - CCTV News

Russia cuts Belarus gas supplies

06-22-2010 08:51 BJT

Watch Video

Play Video

Russia has cut natural gas supplies to neighboring Belarus over a payment dispute. However, Belarus says it will continue to provide uninterrupted transit of Russian gas to Europe despite the cut, and promised to pay its debt within two weeks.

On Monday, Russia's energy giant, Gazprom, said it was cutting gas supplies by 15 percent to Belarus, following an order from Russian President Dmitry Medvedev.

The company also warned that it will increase the cuts to as much as 85 percent in the coming days, if Belarus fails to pay some 200 million U.S. dollars in debt that it owes to Gazprom.

Alexei Miller, Gazprom's Chief Executive, said, "From ten o'clock in the morning Moscow time, June 21st, the cuts began at 15 percent of previous daily volumes of Russian gas supplies to Belarus. It will gradually reach 85 percent, proportionally to the debt's volume."

Belarus' economy has been struggling to cope with rising Russian natural gas prices and excise hikes on Russian oil imports.

A Belarussian delegation has held talks over the gas debt issue in Moscow with Russian officials.

Belarus on Monday promised to pay its debt to Gazprom within two weeks, and offered to send machines, equipment and other commodities.

Bladimir Semashko, Belarus' First Deputy Premier, said, "We will have to borrow in the West to pay the debt. We will repay, maybe not today, but we will repay, I think within two weeks, we will find a possibility. We will borrow and repay."

Russian gas transits via Belarus, amount to one-tenth of Europe's needs.

Gazprom has said that European customers won't be affected as the company can channel gas supplies normally going via Belarus to another transit pipeline crossing Ukraine.

Editor:Zhang Jingya |Source:

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program