Russian gas price for Ukraine to be revised each quarter

January 9, 2014

Ukraine’s state-run gas company Naftogaz Ukrainy will purchase gas from Russia’s Gazprom for U.S. $268.5 per 1,000 cubic meters in January–March, the Energy and Coal Industry Minister Eduard Stavitsky said on January 9, Prime has reported.

According to an additional agreement signed by Gazprom and Naftogaz Ukrainy in mid-December 2013, the price will be revised during the first ten days of each quarter.

Copyright: Prime, 2014