Bank Of Baku

Gazprom says Ukraine’s gas price will reach $400

Gazprom says Ukraine’s gas price will reach $400
# 21 November 2008 08:34 (UTC +04:00)
Moscow –APA. Russia’s gas monopoly Gazprom is going to sell 1,000 cubic meters of natural gas to Ukraine for $400 from January, 2009, said chairman of Gazprom Governing Board Alexei Miller after his meeting with President Dmitriy Medvedev, APA reports quoting Interfax-Ukraine agency. He said gas price could exceed $400 from January 1 because of market relations.
Ukraine’s Prime Minister Yulia Tymoshenko announced during her visit to Russia in October that they reached agreement on market prices. Chief of the Ukraine’s gas company Naftogaz Oleg Dubina said he hoped that gas price would not exceed $250-300 per 1000 cubic meters.
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