Russia ready to buy Belarus’ interest in Beltransgaz for $2.5bn

Russia is ready to pay $2.5 billion for the Belarusian stake in the Beltransgaz Company, Belarus Premier Mikhail Myasnikovich told media on 20 May.

“The Russian side is ready to purchase our shares in Beltransgaz for $2.5 billion,” Mikhail Myasnikovich said. The Belarusian PM added that this issue is considered very carefully. “The point is not only in selling. The company should operate, provide an interrupted transit,” Mikhail Myasnikovich said.

As regards another large company, Belaruskali, the Premier said that the government had signed an action plan that envisages the development of additional deposits in Starobin and Petrikov in order to increase the production of potassium salt.

In addition, there are plans to produce NPK fertilizers in the country. “The plant will produce new innovative competitive high-value added products,” the Belarusian head of government stressed.

According to