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Ukraine may get $100 discount for Russian gas for 6 months — energy minister

Ukraine may pay for Russian gas from the $3.1 billion loan approved by the International Monetary Fund, Russian Energy Minister ALexander Novak says
Russian Energy Minister Alexander Novak ITAR-TASS/Anton Novoderezhkin
Russian Energy Minister Alexander Novak
© ITAR-TASS/Anton Novoderezhkin

MOSCOW, Septmeber 26. /ITAR-TASS/. Ukraine may get a $100 discount for Russian gas for 6 months, Russian Energy Minister Alexander Novak said.

“The discount on the current price is $100,” he said.

This will reduce the price of gas for Ukraine to $385 per 1,000 cubic meters.

Ukraine may pay for Russian gas from the $3.1 billion loan approved by the International Monetary Fund (IMF), Novak said.

Experts say Ukraine may need 5-12 billion cubic meters of gas to live through winter comfortably.

Price for Russian gas

The price of $385 per 1,000 cubic metres proposed by the European Commission should be stable and not dependent on the Russian government’s decisions, Ukrainian Energy and Coal Industry Minister Yuriy Prodan said on Friday.