Belarus to cover damage from sanctions with cheap Russian gas

Deputy Head of the Presidential Administration of Belarus Dmitry Krutoy said that cheap gas from Russia would help the country cover losses due to European sanctions, Belmarket.by reports.

“Gas costs more than $1000 across the European markets, and in our country, it costs $128.5; this is a huge competitive advantage. And, of course, this is one of the sources to cover some losses, if we are talking about added value," Krutoy said.

Also, according to him, the planned operation of the first power unit of the BelNPP at full capacity next year will save 1.8 billion cubic meters of natural gas. In monetary terms, it is approximately $200-250 million.

Krutoy believes that sanctions are "the only serious threat to the economic security of Belarus."

To recap, Russia and Belarus have agreed on the gas price for 2022.

As reported, Lukashenko said he was ready to stop the transit of energy carriers to the EU.

Tags: contracts, RF, sanctions, foreign affairs, Putin, price, gas supplies, volumes, Belarus, Europe

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