Russian gas price for Ukraine up $100 to $485.5
Moscow has raised the gas price for Ukraine by U.S. $100 to $485.5 per 1,000 cubic meters from April, cancelling its discount provided in 2010 under a bilateral treaty on the deployment of the Russian Black Sea fleet in Crimea, Prime Minister Dmitry Medvedev said on April 3 at a meeting with gas giant Gazprom CEO Alexei Miller.
President Vladimir Putin earlier signed a law to terminate the bilateral fleet agreements, including the 1997 and 2010 treaties, as the Crimean Peninsula has recently became part of Russia.
Gazprom plans to set prices for Ukraine without any discounts or preferences in the future, Miller said.
Copyright: Prime, 2014
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