Sunday, March 28, 2010

Russia agrees to revise gas contracts signed earlier, Azarov says

KYIV, March 26 (UKRINFORM). Ukrainian Prime Minister Mykola Azarov, commenting his Thursday's visit to Moscow, called as very important the fact that during the talks Russia granted consent to price downward revision of the gas contracts, the Prime Minister told a briefing at the Cabinet of Ministers Friday. At the same time, Kommersant Ukraina reported referring to its sources at the Russian Gazprom, the parties failed to reach agreement on anything specific. In Moscow the Ukrainian delegation was told that the talk about gas price reduction would become possible only on condition Ukraine buys at least 52 billion cubic meters, as contracted. Serhiy Tulub, member of Verkhovna Rada's (Parliament of Ukraine) committee for the fuel and energy complex, says that Ukraine may agree to a greater volume of gas purchase if receives from Russia the right to re-export. In the 1st quarter of 2010, Ukraine bought from Gazprom about 6 billion cubic meters of gas.