We tell you why Belarus began to deliberately delay payments for gas

Belarus fell into the Kremlin's gas trap

Belarus fell into the Kremlin’s gas trap / Photo: Getty Images, Collage: Today

Belarus fell into its own gas trap because of indulging the Kremlin with the formula payment for blue fuel in rubles.

Opposition writes about this edition “Our Niva”.

The fact is that under the contract with Gazprom, the country had to pay for blue fuel at the rate of $128 per thousand cubic metersin US currency for Belarus this price is fixed.

For political purposes, Minsk has long sought to switch to paying for gas in Russian rubles according to the Kremlin scheme, and the decision was made after the start of a full-scale war in Ukraine.

However, Moscow put forward such a demand not only to its satellite, but also to European countries, and at the same time artificially raised the exchange rate of the Russian ruble to the dollar and the euro.

Now one dollar is worth 56 “wood” at the official rate, while the market rate would be about 80-120 rubles. The comfortable exchange rate for Belarus is 75–80 rubles/dollars

“Minsk does not make payments at the current rate: if you make one tranche, all the rest will have to be made under the terms of the first one, this is the policy of Gazprom,” says an informed source.

Indeed, in the current conditions, one would have to pay more for gas than was previously included in the fixed tariff.

Minsk is trying to wait until the ruble collapses or hopes to change the price formula.

Replacement for Russian gas

Meanwhile, Bulgaria is preparing to switch to full-fledged supplies of blue fuel from Azerbaijan from July 1.

In June, test gas flow through the Greece-Bulgaria interconnector (IGB) should be completed, and after that full supply will begin.

The decision was made after Gazprom disconnected the country from gas supply for refusing to pay in rubles.

After that, Bulgaria announced that they would stop any negotiations and cooperation with the Russian monopolist.

Segodnya previously wrote that the Russian gas giant had not booked transit capacities the next month and told why the company stopped deliveries via Turkish Stream.