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Russia and Belarus to sign gas deal
Published in Saudi Press Agency on 31 - 12 - 2006

Russian and Belarus will
sign a deal on gas prices before a midnight Sunday deadline,
averting potential supply disruptions to Europe, a spokesman for
Belarus's prime minister told Reuters.
Russian negotiators could not be reached to confirm an
agreement was imminent. Earlier this weekend Belarus announced a
deal had been reached, only for Moscow to issue a denial.
Russian gas monopoly Gazprom has said it will cut supplies
to Belarus from Jan. 1 if a deal on new gas prices to its
neighbour was not reached by midnight. Minsk said it would
retaliate by halting Russian gas crossing the country on its way
to Western Europe.
"We've agreed on all the basic details. There are some minor
technical issues remaining and we expect the deal to be signed
before midnight," Alexander Timoshenko, a spokesman for Belarus
Prime Minister Sergei Sidorsky, told Reuters in Minsk.
The gas row revived memories of a similar dispute with
ex-Soviet Ukraine exactly one year ago which briefly disrupted
Russian deliveries to Europe and shook confidence in Russia's
reliability as an energy supplier.
Gazprom -- which ships about 20 percent of the gas it
exports to Europe via Belarus -- assured customers there would
be no disruption. But it was not clear how Gazprom could stop
Minsk carrying out its threat to cut power supplies to pipeline
pump stations, so halting the flow of gas onward to Europe.
Russia supplies about a quarter of Europe's gas needs.


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