Tymoshenko: Ukraine paying fair price for Russian gas

The gas price of USD 450 per 1,000 cu m with a USD 20 discount agreed between Moscow and Kiev for 2009 is fair, Ukrainian PM Yulia Tymoshenko said on Thursday.

Izvor: Ria novosti

Thursday, 22.01.2009.

16:06

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The gas price of USD 450 per 1,000 cu m with a USD 20 discount agreed between Moscow and Kiev for 2009 is fair, Ukrainian PM Yulia Tymoshenko said on Thursday. "This is the average price, at which [Russian energy giant] Gazprom sells gas to all its consumers from January 1, 2009," Tymoshenko said when asked why the contract stipulated a price of USD 450 even though some European countries were paying less for their gas. Tymoshenko: Ukraine paying fair price for Russian gas Ukrainian officials including Tymoshenko have said they expect the price to come down later in the year. Gazprom and Ukrainian energy company Naftogaz finally signed on Monday a contract on Russian gas supplies to Ukraine for 2009-2019. The first gas started to flow on Tuesday. Ukraine will hold negotiations with Russia to try to agree on a discount for Russian gas in 2010, Tymoshenko said. "We were given a discount of 20 percent off the formula price in 2009. The formula price will be calculated in 2010 and we will hold negotiations on a concessional price," Tymoshenko said.

Tymoshenko: Ukraine paying fair price for Russian gas

Ukrainian officials including Tymoshenko have said they expect the price to come down later in the year.

Gazprom and Ukrainian energy company Naftogaz finally signed on Monday a contract on Russian gas supplies to Ukraine for 2009-2019. The first gas started to flow on Tuesday.

Ukraine will hold negotiations with Russia to try to agree on a discount for Russian gas in 2010, Tymoshenko said.

"We were given a discount of 20 percent off the formula price in 2009. The formula price will be calculated in 2010 and we will hold negotiations on a concessional price," Tymoshenko said.

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