Ukraine, Russia ready for long-term gas contracts
Ukrainian Prime Minister Yulia Tymoshenko and her Russian counterpart Viktor Zubkov said the two countries are ready for long-term gas contracts.
“We have sent the last payment, which completely settles the accumulated debt for Russia's natural gas. Now, Ukraine has completely accounted for its obligations,” Tymoshenko said at the meeting with Zubkov.
Zubkov said settling the debts opened the door for talks on a long-term supply contracts. But, neither side specified the amount of the debt.
Under a supply contract signed earlier this month, Gazprom agreed to sell Ukrainian state energy firm Naftogaz 50 billion cubic meters of gas at the price of $179.5 per 1,000 cubic meters in 2008. (Xinhua)
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.