Friday 16 December 2016

Price of Russian gas for Ukraine may increase in 2017 — energy minister



Earlier, the minister said that Russian gas is currently cheaper for Ukraine than the gas purchased in Europe by $30 per 1,000 cubic meters.

TOKYO, December 16. /TASS/. The price of Russian gas for Ukraine in the Q1 of 2017 is likely to increase against the current level, Russian Energy Minister Alexander Novak told reporters.

"According to the formula - probably, yes, it will be higher because there is a time lag," he said.

"It is impossible to talk about the exact changes right now, it needs to be calculates at the end of the month according to the formula," Novak said.

Earlier, Novak said that Russian gas is currently cheaper for Ukraine than the gas purchased in Europe by $30 per 1,000 cubic meters.
 
Source: ITAR-TASS 16-12-2016