23 Jun 2011 12:53

Belarus delegation presents Gazprom buy-sell agreement for 50% in Beltransgaz

MINSK. June 23 (Interfax) - A Belarusian delegation has presented OJSC Gazprom with a draft buy-sell agreement for a 50% state packet in OSJC Beltransgaz for $2.5 billion.

If Gazprom, which already holds 50% in Beltransgaz, signs the agreement it will be the sole owner of the Belarusian gas transportation system.

The Belarusian State Property Committee told Interfax that its first deputy chairman, Sergei Pyatkov, has been sent to Moscow for negotiations for the sale of 50% in Beltransgaz. "The draft buy-sell agreement prepared by the Belarusian side for the sale of 50% in Beltransgaz for $2.5 billion is under discussion," a committee spokesperson said.