MOSCOW (Sputnik) — Russian Energy Minister Alexander Novak said Thursday that Belarus owes Russia's energy giant Gazprom $125 million for gas deliveries for January-April 2016.
Belarusian Energy Minister Vladimir Potupchik, however, said Thursday that Minsk does not recognize the debt before Gazprom.
Potupchik explained that Russia and Belarus interpret the intergovernmental agreements differently in pricing, where Minsk has been basing the cost on market prices sonce January 1, 2015, and Moscow on a so-called Yamala price.
"We are not planning any [discount]," Novak told reporters.
