According to media reports, Gazprom has sent Belarus an “official contract” with a starting price of USD 200 per ths cm of gas, four times more than the current price of USD 47. Concorde Capital: Raising gas prices for Belarus is part of Gazprom’s strategy in the region: the gas juggernaut continues to improve its control in transit territories. We do not expect Ukraine to get any discounts in this respect. For details, please refer to our gas issue report from June 5, 2006.