This winter, Ukraine will pay Russia about $3 billion for gas, - Putin

Source : 112 Ukraine

In the fourth quarter of 2015, gas price for Ukraine will amount $232 per thousand cubic meters
09:57, 1 October 2015


During the winter Ukraine will pay Russia about $3 billion for gas, stated Vladimir Putin, Interfax-Ukraine.

At the same time, Russian Energy Minister Alexander Novak said that Ukraine and Russia have reached an agreement on gas supplies from October 1 to March 31.

"On September 25, we held trilateral consultations with our partners. We managed to agree on the conditions of cooperation for the supply of gas from Russia to Ukraine in the period from October 1 to March 31, so-called "winter package". The main provision of this agreement is mutual obligations of all parties. This is primarily an obligation of the Ukrainian side to ensure the continuation of reliable transit of Russian gas through Ukraine to the EU for all those volumes that Gazprom will provide for transit in accordance with the contract", said Novak.

The Russian government, in turn, will consider discounts and gas price formation for Ukraine at the level of neighboring countries, such as Poland, added the minister.

Earlier, the European Commission, the Russian Federation and Ukraine have agreed on the terms of gas deliveries to Ukraine for the coming winter period from October 1 until the end of March 2016. In the fourth quarter, the price of natural gas will be $232 per thousand cubic meters.

Also, Energy Minister of Ukraine Volodymyr Demchyshyn said that Ukraine has raised $500 million, required for the purchase of 2 billion cubic meters of Russian gas. The Minister said that the money are already available on the account of Naftogaz and are designed to pay for gas.

Related: Ukraine to receive $300 mln loan from EBRD for natural gas purchases

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