Interfax-Ukraine
17:06 11.06.2014

Russia's proposed gas price of $385 not best offer on the market – Ukrainian energy minister

1 min read
Russia's proposed gas price of $385 not best offer on the market – Ukrainian energy minister

The Russian Federation has offered Ukraine to buy gas at a price of $385 per 1,000 cubic meters, which is not the best price on the market, Energy and Coal Industry Minister of Ukraine Yuriy Prodan said at a press conference in Brussels on Tuesday.

"We have a lot of proposals. These are proposals on the reverse gas supplies at a lower price (less than $385 per 1,000 cubic meters). Taking into account the transit which is carried out through the territory of Ukraine to European countries and back, the we can say that the price set by Gazprom could be even lower than the one which is currently offered by European suppliers," he said.

As reported, Russia offered Ukraine to return to a $100 discount on natural gas.

In turn, Ukraine demands that the change in the gas price should be stipulated in the contract between Gazprom and Naftogaz, because the Russian government's decisions about "discounts" may be cancelled at any moment.

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