Ukraine Seeks Russian Gas

Ukraine Seeks Russian Gas

Ukraine's Naftogaz has requested gas supplies from Gazprom for the second half of 2016 and first quarter of 2017, Alexei Miller, chief executive of the Russian gas exporter, said on Tuesday. With relations between the two Western Europe states at an all-time low following clashes over Russia's annexation of Crimea, Ukraine has not bought gas directly from Russia since November 2015, Reuters reported. Instead, it has bought gas from EU sellers that it says offer lower prices. Naftogaz said it had proposed agreeing new gas supplies with Gazprom for the winter period of 2016-17, but said the price would have to be "economically reasonable". The company's statement said, "Naftogaz's position has been unchanged for the past 1.5 years. Purchasing gas from Gazprom is possible if the Russian company proposes a lower price than Naftogaz's European suppliers." Ukrainian Prime Minister Volodymyr Groysman said he did not rule out buying gas from Gazprom, saying his government would take a "political decision" if the price was right.


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