
Russia, Ukraine Reach Compromise, Sign Gas Deal mosnews \|\| January 09, 2006 Related - Fears of new cold war as Russia threatens to switch off the gas Russia and Ukraine struck a five-year gas supply deal on Wednesday after a bruising pricing dispute in which Moscow curtailed deliveries, hitting supplies to European consumers, Reuters reported. Alexei Miller, chief executive of Russian gas monopoly Gazprom, told a news conference the deal was effective from January 1 and would be based on a price of $230 per 1,000 cubic meters. “We have reached a final agreement. It is successful for Gazprom and we are satisfied,” Miller told reporters after talks with Oleksiy Ivchenko, head of Ukrainian state energy company Naftogaz. Gas “This agreement will ensure stable supplies to Europe.” Article Posted at www.KnowledgeDrivenRevolution.com But Ivchenko said Ukraine would be buying gas at the Russian border at $95 per 1,000 cubic meters. “We have reached an initially acceptable agreement which gives us the possibility to meet the gas needs of Ukraine and the transit of Russian gas to Europe,” Ivchenko said at the news conference. A Gazprom source said the $230 price would apply only to exports of Russian gas to Ukraine, up from $50 now. Under a complex deal, Ukraine would be able to buy gas from Turkmenistan and Kazakhstan, piped via Russia, at a cheaper price of $95 per 1,000 cubic meters. About KDR \| \| Home \| \| Weekly Features Archive	Weekly Weekly Features Archive
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Russia, Ukraine Reach Compromise, Sign Gas Deal

mosnews || January 09, 2006

Related - Fears of new cold war as Russia threatens to switch off the gas

Russia and Ukraine struck a five-year gas supply deal on Wednesday after a bruising pricing dispute in which Moscow curtailed deliveries, hitting supplies to European consumers, Reuters reported.

Alexei Miller, chief executive of Russian gas monopoly Gazprom, told a news conference the deal was effective from January 1 and would be based on a price of $230 per 1,000 cubic meters.

“We have reached a final agreement. It is successful for Gazprom and we are satisfied,” Miller told reporters after talks with Oleksiy Ivchenko, head of Ukrainian state energy company Naftogaz. Gas

“This agreement will ensure stable supplies to Europe.”

Article Posted at www.KnowledgeDrivenRevolution.com

But Ivchenko said Ukraine would be buying gas at the Russian border at $95 per 1,000 cubic meters.

“We have reached an initially acceptable agreement which gives us the possibility to meet the gas needs of Ukraine and the transit of Russian gas to Europe,” Ivchenko said at the news conference.

A Gazprom source said the $230 price would apply only to exports of Russian gas to Ukraine, up from $50 now. Under a complex deal, Ukraine would be able to buy gas from Turkmenistan and Kazakhstan, piped via Russia, at a cheaper price of $95 per 1,000 cubic meters.

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