- Sputnik International
World
Get the latest news from around the world, live coverage, off-beat stories, features and analysis.

Russia-Ukraine gas conflict over - Ukrainian expert

Subscribe

KIEV, January 4 (RIA Novosti) - Ukrainian energy expert Vladimir Saprykin said Wednesday he believed the conflict between Russia and Ukraine over natural gas was over, as the price of less than $100 per 1,000 cu m was economically practical.

Russian energy giant Gazprom CEO Alexei Miller and Ukrainian national natural gas company Naftogaz head Alexei Ivchenko said Wednesday they had signed a contract for five years, which set the price for Russian natural gas supplies to Ukraine at $230 per 1,000 cubic meters and at $1.6 for the transit of 1,000 cu m of gas via 100km of Ukraine's territory.

Ukraine will receive Russian and Turkmen natural gas from RosUkrEnergo, a company transporting Turkmen gas to Ukraine. The high price of Russian natural gas sold to RosUkrEnergo will be compensated for by cheaper gas supplies from Central Asia, Gazprom spokesman Sergei Kupriyanov said.

Kupriyanov said RosUkrEnergo would buy Russian natural gas at $230 per 1,000 cubic meters, which would be mixed with gas supplied from Central Asia, making the price for Ukraine $95 per 1,000 cu m at the first stage.

RosUkrEnergo is a joint venture of Gazprombank, a subsidiary of Russian energy giant Gazprom, and Raiffeisen Bank, which own 50% in the company each.

Newsfeed
0
To participate in the discussion
log in or register
loader
Chats
Заголовок открываемого материала