The article claims that GAZP push for higher prices is worrying because it is politically motivated.
Would it be OK if the price rises were economically motivated?
Is it OK to sell Belarus gas at $50/Mm3 which gives GAZP an effective net back rate of $20/Mm3 (albeit that it pays itself the transport tariff) when it could sell the same gas to Western Europe for $200/Mm3?
Why not call a spade a spade. In return for allowing Belarus to have below market gas it requires some other return. In this case its BelTransGas (Belarus Transit Gas Company - imaginative? They apparently paid millions for the branding :-)) that GAZP wants. Fair deal as far as I can see. Except that the mustache (Lukashenko) has never had to add up.
Gazprom pushes for higher gas price from Belarus, rejects EU access claims - Energy Business Review:
However relations between the satellite states and the Moscow-based monopoly have become strained amid accusations that some of the price increases are politically motivated.
[composed and posted with ecto]
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