Gazprom Receives Gas Debts from Belarus

Gazprom Receives Gas Debts from Belarus

Russia’s energy giant, Gazprom has received full payments for gas supplies to Belarus, confirmed Gazprom Head, Alexey Miller, who also added that the debt issue is nothing but a dispute between two local enterprises, reported Russia’s news agency Tass.

Russia and Belarus have had a previous history of disputes due to unpaid debts. Russia claims that Belarus owes Gazprom $125m for gas deliveries that took place between January and April 2016, while Belarus denies such claims, citing that everything was paid in line with the intergovernmental agreement, according to Sputnik International.

Tass also added that Russia’s Energy Minister, Alexander Novak, has mentioned that Russia’s oil supplies to Belarus may be slightly cut in the third quarter of 2016. The Deputy Prime Minister, Arkady Dvorkovich, later on explained that the reduction of gas supplies to Belarus was due to the underpayments from their side.

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