2015–2017 gas supply and transit contracts signed with Belarus

RELEASE

Gazprom and Gazprom Transgaz Belarus signed contracts on gas supplies to and transit across the Republic of Belarus over 2015 to 2017.

The new contracts adhere to the previous gas pricing mechanisms and gas transmission tariffs, which is fully in line with the intergovernmental agreement inked in November 2011.

The supply contract signed with Gazprom will fully meet the natural gas demand of Belarus.

2015–2017 gas supply and transit contracts signed with Belarus
2015–2017 gas supply and transit contracts signed with Belarus

Minskaya CS at Yamal – Europe gas pipeline

Background

On November 25, 2011 the Russian Federation Government and the Government of the Republic of Belarus signed

  • the Agreement on the prices (tariffs) formation procedure for natural gas supply to the Republic of Belarus and transmission via gas pipelines located in the country
  • the Agreement on the terms and conditions for shares purchase and sale and further activities of Beltransgaz

In furtherance of the above-mentioned documents, Gazprom and Beltransgaz signed on November 25, 2011 contracts for gas supply to Belarus and gas transmission via the Republic for 2012–2014. In addition, Gazprom and the State Property Committee of the Republic of Belarus entered into the purchase and sale contract for a 50 per cent stake in Beltransgaz. Taking account of the 50 per cent stake in Beltransgaz acquired by Gazprom between 2007 and 2010, Gazprom became the owner of 100 per cent of Beltransgaz (present Gazprom Transgaz Belarus) shares.

In 2013 Gazprom supplied Belarusian consumers with 20.3 billion cubic meters of gas; the volume of transit totaled 48.8 billion cubic meters of gas.

 

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