Ukraine seeks lower Russian gas price

Release Date: 2010-08-26

Ukraine said on Wednesday it would seek to negotiate lower import prices for Russian natural gas, insisting that current fees were too high for its cash-strapped budget even after a sharp discount was agreed five months ago.
Ukraine said on Wednesday it would seek to negotiate lower import prices for Russian natural gas, insisting that current fees were too high for its cash-strapped budget even after a sharp discount was agreed five months ago.

It remains unclear what Ukraine could offer Moscow to secure an additional discount. But Moscow’s leadership has long coveted Ukraine’s gas pipeline system and has this year called for the two nations to merge vast industries that were united in Soviet days, including gas, aviation and nuclear power companies.

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Source: RIA Novosti
Type: NORMAL
 
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