07:45 GMT25 February 2020
Listen Live
    Business
    Get short URL
    0 0 0
    Subscribe

    Ukraine, which is looking to review gas contracts with Russia, would accept a price of $230 per 1,000 cubic meters, Naftogaz Ukraine head Yevhen Bakulin said on Monday.

    Ukraine, which is looking to review gas contracts with Russia, would accept a price of $230 per 1,000 cubic meters, Naftogaz Ukraine head Yevhen Bakulin said on Monday.

    Ukraine earlier said the gas price of $354 per 1,000 cubic meters as set for the third quarter of 2011 is too high and should be reduced to $200.

    The price of $230 would be "good, and quite fair," Bakulin said in an interview with the Channel 5 TV station.

    Ukrainian Foreign Minister Kostyantyn Hryshchenko said earlier in the day that Kiev would not join the Moscow-led Customs Union of Russia, Belarus and Kazakhstan, a condition for discounts on Russian gas prices.

    But he said that Ukraine would try to solve its long-standing gas price dispute with Russia out of court, a week after Ukrainian President Viktor Yanukovych said that Kiev would seek arbitration in Stockholm if Russia did not offer a better deal on gas supplies.

    Last week, Russian President Dmitry Medvedev said Ukraine might get discounts for gas if it joined the Customs Union.

    Community standardsDiscussion
    Comment via SputnikComment via Facebook