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Ukraine counting on Russia to change gas price formula

May 21, 2011 08:24AM

ISSUE #15
05/02/2011
Ukraine believes that the negotiations with Russia on revising the gas price formula will be successful, Ukrainian Prime Minister Mykola Azarov has said. “We have started normal talks with Russia. We put very serious arguments on the negotiating table. Russia considered them and that is why the negotiations were really good,” he explained. At the same time, Azarov noted that Ukraine did not ask Russia for any preferential treatment or discounts. “We ask for a general European approach to price formation,” he explained. According to the prime minister, the very fact that the negotiations have been launched signals “clear success.” Meanwhile, Gazprom's official representative, Sergey Kupriyanov, stated once again that the Russian gas monopolist was satisfied with the contract with Ukraine. READ MORE

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