Russia and Belarus have agreed on gas price

Russia and Belarus have agreed on gas price

STRELNYA, 3 APR — RIA Novosti. Moscow and Minsk have agreed on how the oil and gas dispute will be resolved, said President of Russia Vladimir Putin.

“We have agreed that we are going to settle all our disputes in the oil and gas sector. We have them settled. Agreed on how and in what terms we will do so,” Putin said after talks with his Belarusian counterpart Alexander Lukashenko.

“We found a scheme in which we maintain our approaches, bringing together our positions on prices. Found the possibility of mutual concessions, agreed on how we work in this sphere not only in 2017 but in 2018, 2019”, — said Putin.

Remained unresolved dispute, which lasts from the beginning of 2016, when Minsk said about the unfairness of prices for Russian gas and unilaterally began paying for it a lower price. Russia in turn announced a reduction of duty-free oil supplies to Belarus, linking it with both the underpayment for gas and short supply of petroleum products in the Russian Federation.