Beltransgaz $2.5Bln Due

By The Moscow Times

Nov. 28, 2011

MINSK — Gazprom should transfer to Belarus $2.5 billion for 50 percent of the stock of pipeline operator Beltransgaz within 15 days' time from the date the purchase-sale agreement was concluded, the country's state property committee told Interfax.

The contract was inked in Moscow on Nov. 25, a representative of the committee said.

Beltransgaz provides gas to consumers in the country and is part of an international transport system. Russian natural gas moves through Belarussian trunk pipelines to the Kaliningrad region, Lithuania, Ukraine and Poland. Beltransgaz also operates the Belarussian section of the Yamal-Europe pipeline.

(MT)

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