Gazprom, Belarus Agree on Gas Prices for 2021

Russia and Belarus signed a deal on gas prices for 2021, easing tensions between the two countries and long time allies. Gazprom CEO Alexei Miller and Belorussian officials signed the protocol on how to calculate natural gas prices for 2021.

Belarus ministry of energy said the agreed prices were broadly similar to the 2020 levels, which was $127 per 1,000 cubic meters. The two neighbors have been at odds in recent years over a number of issues.

However, Moscow has continued its support for President Alexander Lukashenko despite street protests that challenged his victory in the Aug. 9 election.

The two countries are still negotiating Russian oil supplies for 2021.

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