The document was drafted by Russia’s Ministry of Energy.
This directive approves the Protocol to the Agreement on the share purchase terms and future activities of Beltransgaz signed by the governments of Russia and Belarus on 25 November 2011 (hereinafter referred to as the “Protocol”) and the procedure for exporting, outside the Customs Union, electric power produced in Belarus using natural gas (hereinafter referred to as the “Procedure”).
Under the Protocol, the following entities have been appointed by the parties to implement the Procedure:
- on behalf of Russia, Inter RAO UES or its subsidiaries (affiliates), registered in Lithuania or other countries outside the Customs Union;
- on behalf of Belarus, Belenergo State Production Association.
The Protocol also establishes coordination procedures for the appointed Russian and Belarusian entities with regard to joint exports outside the Customs Union of electric power produced in Belarus using natural gas based on the parties’ contribution.