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Belarus delays deal with Russian gas giant Gazprom
26/12/2006 9:44

Belarus has postponed the creation of a gas transmission station -- a joint venture with Russian gas giant Gazprom, to the first quarter of 2007, the media reported on Monday.

Gazprom says it will continue to supply cheap gas to Belarus only if it can buy half of Belarus's pipeline firm Beltransgaz.

Russia says Beltransgaz is worth 3 to 4 billion U.S. dollars, while Belarus says it is worth more than 5 billion.

(Xinhuanet/Agencies)