Naftogaz to buy 2 bln cubic meters of Russian gas

Source : 112 Ukraine

Earlier, after a few rounds of trilateral negotiations, Ukraine, the Russian Federation and the European Commission agreed on conditions of gas supply for the coming winter season
12:05, 7 October 2015

Reuters/ Scanpix

Ukraine Naftogaz and Russia Gazprom agreed upon the winter gas package according to which Ukraine to buy more than 2 billion cubic meters of Russian gas at a discounted price, Russian Energy Minister Aleksandr Novak stated, Ria Novosti.

“The volume of gas Naftogaz is to buy will be a little more than 2 billion cubic meters due to the fact that the purchase is to be discounted,” Novak said.

Related: Ukraine, Russia, and the EU agreed on gas supplies

Earlier, the Russian Federation, Ukraine and the European Commission have agreed on the so-called winter gas package, which Kyiv yet has to sign. According to the arrangement, the Ukrainian side undertakes to ensure the transit of natural gas through its territory to the EU, in particular by injection of 2 billion cubic meters of gas in its underground gas storage facilities for the next heating season which is to start from October 1 2015 till the end of March 2016. Based on these parameters, the price of gas purchases amounted to USD 250 per thousand cubic meters. Upon that, Russian government is to give Ukraine a discount on gas - about 20 dollars per thousand cubic meters.

Related: Russian Minister of Energy: Ukraine to get Russian gas in any case

As it was reported before, Naftogaz Ukraine received UDS 500 mln from the EU aimed for the purchase of natural gas from the Russian Federation. The chairman of the board of Naftogaz Ukraine Andriy Koboliev claimed Ukraine to expend the money given “gradually, as the need arises”.

Reportedly, the deputy Minister of Energy of the Russian Federation Anatoliy Yanovskiy claimed that Gazprom has not received yet an advanced payment from Naftogaz for the renewal of Russian gas supply to Ukraine, UNN stated.

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