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Moscow/Minsk - Russian energy giant Gazprom is in talks with the Belarusian government to take control of the country's gas transportation network, the company announced Wednesday.
Belarusian Prime Minister Mikhail Myasnikovich and Russian Prime Minister Vladimir Putin will discuss details of the proposed deal in September, said Gazprom chairman Aleksei Miller in a statement.
Gazprom's main goal in the September talks would be to obtain Minsk's agreement to buy a controlling stake of 50 per cent plus one share in state-owned Beltransgaz, which is currently the sole operator of Belarus' gas transportation network, Miller said.
The negotiations should also set price and volumes for Russian natural gas to be delivered to Belarus in 2012, Miller added.
Gazprom argued that it needed immediate control of Belarus' gas pipeline network because Minsk lacked funds to maintain the system properly, and to guarantee reliable supplies of Russian gas to Europe.
The government of Belarus is facing its worst economic crisis in two decades brought on, in part, by an end to subsidized Russian energy deliveries.
Belarusian President Aleksandr Lukashenko has said the partial or total sale of government companies, to obtain investments and help cover the country's debts, is likely one of the few ways for the country to find its way out of the crisis.
