"Just this night, late in the evening, an unacceptable for us and for Russia solution to the issue was found," Lukashenko told reporters.
He explained that one more round of the talks on the cost of the Russian gas for Minsk at the level of deputy prime ministers took place on Saturday.
"I think we will settle this issue in the near future," the Belarusian president stated.
Moscow and Minsk have been locked in talks over the price of Russian gas supplied to Belarusian consumers. In July, Russian Energy Minister Alexander Novak said that Belarus owed $270 million in unpaid gas bills to Russia.
Minsk has been refusing to recognize the debt, saying that the price of $132.77 per 1,000 cubic meters of gas demanded by Moscow is unfair. Russia has stressed that payments must be made in line with the contract.