Thursday, July 29, 2010

Belarus may lose 2.5 percent of GDP due to higher gas costs


Utility bills may become more expensive by 1500 rubels. Euroradio explores what is likely to change if Belarus is to buy natural gas from Russia at $250 for 1000 cubic meters next year.

In 2011, Belarus is likely to pay $250 for Russian natural gas, according to the statement of the Russian side a month ago. Currently, we pay $184 per 1000 cubic meters of natural gas. If Russia raises the cost, Belarus will have to pay by 40 percent more next year. Who will be affected by the higher prices the most? Euroradio has tried to find out.
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