Sibur Inks Belarus Gas Supply Deal

Published: 11 March 2004 y., Thursday
Gazprom's biggest petrochemical unit, Sibur, signed a contract Wednesday with Beltransgaz, Belarus' state pipeline company, to supply gas to the country amid disputes over prices for Russian fuel. Sibur will ship 1 billion cubic meters of gas to Belarus this year, including 200 million cubic meters to be delivered this month, the company said in a statement. It did not disclose the price of the fuel or the terms of the agreement. Gazprom, which exports about 80 percent of its fuel through Ukraine and 15 percent through Belarus, stopped gas deliveries to Belarus for one day on Feb. 18 amid a dispute over prices. Gazprom also halted transit shipments to Europe via Belarus. The company wants to raise the price Belarus pays for gas by 56 percent to $50 per 1,000 cubic meters. Since the beginning of the year, Gazprom had not sold its own gas to Belarussian customers, delivering instead fuel from different producers. Itera, Russia's second-largest gas producer in 2002, is also prepared to resume gas supplies to Belarus for $46.68 per 1,000 cubic meters, RosBusinessConsulting reported, citing a company statement. Itera suspended gas supplies to Belarus on Feb. 12.
Šaltinis: Bloomberg
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

SNORAS Group company will become the largest shareholder of UAB “Lietuvos rytas”

On 22 of June this year, the board of the newly established company of AB Bank SNORAS - UAB “SNORO Media Investicijos” - made a decision to invest in the shares of UAB “Lietuvos rytas” and to acquire 34 per cent of the authorised capital of the company. more »

ATMs service in Russia, Eastern Europe is focus of Intergam, The Bankers Exchange partnership

The Banker's Exchange is joining forces with Chicago-based Intergam Logistics as part of a global expansion initiative into the ATM support market. more »

Back to the ballot box

Lisbon treaty and financial supervision dominate debate at EU summit. more »

Obama unveils bank reform plans

In the most sweeping financial reform proposal since the Great Depression, President Barack Obama unveiled plans to overhaul the U.S. financial regulatory system, saying the events that led to the U.S. financial crisis make the proposed changes necessary. more »

Gas Coordination Group, in the light of explanations given by Gazprom and Naftogaz, studies the measures possibly needed to secure next winter season's supplies

Due to the rising concerns on a possible disruption of Russian gas supplies to Europe coming through Ukraine, the Commission has chaired a meeting of the Gas Coordination Group to assure a stronger EU coordination and to secure energy supplies to European citizens. more »

Google to help reboot Mexico tourism

Mexico signs an agreement with Google to help revive tourism at its historical sites, after the swine flu epidemic. more »

Equality in a time of crisis

The recession could hit working women harder than men, an EU study warns, underscoring persistent disparities between the sexes in the European labour market. more »

US gun sales up

The first 4 months of 2009 saw 25 percent more FBI background checks on prospective firearm buyers compared to the same period last year in US. more »

Three years in a row does AS “Latvijas Krājbanka” receive the Deutsche Bank AG award for the outstanding quality of the outgoing payments

AS “Latvijas Krājbanka”, managed by AB Bank SNORAS, was presented with the annual prize of Deutsche Bank AG, one of the largest European banks, for the excellent quality of the outgoing payments. more »

Danske Bankas increases interest rate for fixed-term deposits in litas

Danske Bankas has made another increase in the interest rate for fixed-term deposits in litas for both private and corporate clients. more »