A Belarusian ambassador to Russia, Dmitry Krutoy, told Newsthat the republic will receive Russian gas at what is described as the lowest price in the world, a policy slated to continue until 2031. The statement places the emphasis on a strategic cost arrangement that supports Belarus over the next several years, aligning with broader energy diplomacy in the region.
Krutoy attributed the decision to the directives of Russian President Vladimir Putin, underscoring that the price framework is anchored by a long-term contract the two nations have with the gas giant Gazprom. He explained that the foundational agreement, which covers guaranteed gas volumes for Belarus, remains in force through 2031 and forms the basis for the favorable pricing extended to Belarus. The official noted that the leadership in Moscow has approved this approach, highlighting that Belarus will enjoy what is being described as the world’s lowest price for third countries under the current arrangement.
The discussions ahead involve a convergence of pricing formulas, with a forthcoming methodology to be shared with both presidents by December. This effort aims to harmonize how gas prices are calculated between Russia and Belarus by taking into account the evolving structure of their economies. The plan is to conclude a joint gas market framework that would facilitate closer energy integration. Following the potential agreement on the gas market, authorities in Moscow and Minsk are also expected to advance a joint electricity market agreement, signaling a broader, synchronized energy strategy between the two countries.
Earlier, the Ministry of Energy indicated that Belarus and Kazakhstan would not share a single universal approach to gas costs. This statement points to tailored pricing strategies that reflect each country’s unique energy needs and market dynamics, even as discussions continue around the broader regional energy landscape.