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Ukraine proposes to agree on interim gas price solution

September 02, 2014, 17:36 UTC+3 2 2/9
The Ukrainian side is ready to repay debts for gas at the price before the matter is decided in court, it says
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© ITAR-TASS

KIEV, September 02./ITAR-TASS/. Ukraine’s Naftogaz company proposes Russia’s Gazprom to agree on the gas price equal to that of the European gas exchanges without the cost of transportation from Russia to the exchanges. It is proposed as an interim solution until the court of arbitration makes a decision, the Naftogaz press service said.

The Ukrainian side is ready to repay debts for gas at the price before the matter is decided in court, the company said, adding such a solution will allow simplify discussions to determine a fair market price for Ukraine.

The contract with Gazprom stipulates that the price may be revised in connection with market situation changes, the press service said.

The use of exchange prices is a prevailing trend in Gazprom contracts with European companies, it added.

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