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Gazprom cancels gas price discount for Ukraine as of April

March 04, 2014, 14:23 UTC+3 URGENT - GAZPROM CANCELS GAS PRICE DISCOUNT FOR UKRAINE AS OF APRIL - MIL
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MOSCOW, March 04. /ITAR-TASS/. Russian gas giant Gazprom decided to cancel gas price discounts for Ukraine starting from April, Gazprom CEO Aleksey Miller said at a meeting with Prime Minister Dmitry Medvedev at a state residence outside Moscow on Tuesday.

“In the situation when Ukraine does not fulfill its liabilities, does not fulfill those agreements which were reached in an addendum to the contract on granting the gas price discount Gazprom decided not to extend the discount from the beginning of the next month,” Miller said.

“Gazprom’s decision to cancel gas price discounts for Ukraine is absolutely lawful,” Prime Minister Dmitry Medvedev noted. Meanwhile, he noted that Russia may give a credit of 2-3 billion dollars to Ukraine to settle the country’s gas debt. “This is a possible way to resolve this task. I will give an instruction to the Finance Ministry to consider all possibilities, current difficulties, all counter-indications, naturally related with Ukraine’s current low credit rating and other aspects of Russian-Ukrainian co-operation,” Medvedev stated.

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