Russia May Reduce Gas Price for Ukraine to $348 per thous cubic Meters — Minister

March 20, 2015

Gas price for Ukraine in the second quarter of 2015 may total $348 per one thousand cubic meters, Russian Energy Minister Alexander Novak said before the start of trilateral gas talks between Russia, the EU and Ukraine in Brussels Friday.

"For the second quarter, the price will approximately total $348 per one thousand cubic meters, according to contract formula," he said.