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GAZPROM

September 8, 2006

On working meeting between Alexey Miller and Dmitry Kazakov

Today Gazprom Headquarters has hosted a working meeting between Alexey Miller, Chairman of Gazprom Management Committee, and Dmitry Kazakov, Chairman of Beltransgaz.

The parties discussed issues on gas deliveries to Belorus this year and cooperation in the market-based gas sector in 2007.

The meeting specified that Gazprom will supply 21 bcm of gas providing technical possibility for gas deliveries to Belorus in 2006 within the achieved accords between Gazprom and Beltransgaz in 2005.

Alexey Miller and Dmitry Kazakov discussed independent price estimation progress for Belorus gas transportation system. On the initiative of Belorus side the independent price estimation will be done by ABN AMRO bank.

Reference:

Agreement on gas supply and transit in 2006 between Gazprom and Beltransgaz was signed on December 27, 2006. In accordance with the Agreement, in 2006 Gazprom will supply 21 bcm of gas to Belorus, 1.5 bcm of which will be supplied in terms of technical possibility.

Gas price and transportation tariff in 2006 are similar to the terms of 2005. The price for gas is at $ 46.68 per 1000 cubic meters. Transportation tariff via Beltransgaz networks and Yamal Europe Gas Pipeline is at $ 0.75, $ 0.46 per 1000 cubic meters, respectively.

 

 

 

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