Russia Increases Gas Price for Ukraine

 

Russia raised the gas price for Ukraine and the current Ukraine’s debt for unpaid gas supplies is $2.2 billion, Gazprom said in a statement on Thursday.

“Ukraine received 1.956 million cubic meters of gas in March and so far no payments have come for these supplies. The indebtedness increased to over USD 2.2 billion. We hope that in the near future Ukraine will start settling its debts and paying for current supplies, thought we see that the situation is not improving, but only getting worse,” Alexey Miller of Gazprom said during a meeting with Russian Prime Minister Dmitry Medvedev

“The signing of a directive annulling the beneficial customs duty on gas export to Ukraine means that in line with the existing contract for gas supply to Ukraine, dated 2009, the gas price will unconditionally go up and make up USD 485 per 1,000 cubic meters from April,” he added.

Press Release, April 04, 2014; Image: Gazprom

 

 

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