Fitch said that while European countries might cut Russian gas purchases because of the crisis, Gazprom would have to cut its gas exports in the worst-case scenario. Fitch estimated that Gazprom accounted for some 30% of EU gas imports last year.
Contracted gas supplies to Ukraine should not be reduced, Deputy Chairman of Gazprom Board Alexander Medvedev said in an interview with Russian TV news channel Rossiya-24 on January 29, Itar-Tass reported on January 30.
The Naftogaz Ukrainy national joint-stock company is planning to pay its outstanding 2.7-billion-dollar debt to Russian Gazprom for 2013, Ukraine’s Minister of Energy and Coal Industry Eduard Stavitsky told journalists, Itar-Tass reported on January 24.
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.
Ukraine lowers gas prices for organisations, financed from state and local budgets and for industries, Itar-Tass reported on January 1.
Fitch Ratings on December 18 affirmed NJSC Naftogaz of Ukraine's (Naftogaz) Long-term foreign currency Issuer Default Rating (IDR) at 'CCC' and its USD1,595m state-guaranteed notes maturing in September 2014 at 'B-'.
The Russian gas price will make 268.5 U.S. dollars for Ukraine, according to an additional agreement, which Russia’s Gazprom and Naftogaz Ukrainy signed on December 17, Itar-Tass has reported.
Russia, Ukraine did not agree on the terms under which Ukraine will repay the country’s major gas debt to Russia yet, Gazprom CEO Aleksey Miller told reporters on December 4, Itar-Tass has reported.
Naftogaz Ukrainy has agreed with Russia's Gazprom to postpone until the spring of 2014 the payments for natural gas supplied to Ukraine in October-December this year, RIA Novosti has reported, citing Naftogaz CEO Yevhen Bakulin, Ukrinform said on December 3.
Ukrainian state-run energy company Naftogaz Ukrainy has guaranteed trouble-free Russian gas transit to Europe in winter, CEO Yevgeny Bakulin said on December 3, Prime has reported, citing RIA Novosti.