Gazprom stands firm on gas volumes for Ukraine

Print version
Jan. 12, 2012, 2:33 p.m. | Business — by Reuters


MOSCOW, Jan 12 (Reuters) - Russian gas exporting monopoly Gazprom said it would not bend to Kyiv's demand to cut the contracted volumes of gas it supplies to Ukraine this year, reiterating on Thursday its stance in negotiations. Energy spats between Moscow and countries such as Ukraine, through which its gas passes to Europe, have led in the past to temporary cuts in gas supplies to the European Union, which is now seeking alternatives to reduce its dependence on Russian gas.

Kiev has asked Gazprom to reduce the volumes of gas it sells to the former Soviet republic, whose gas bill last month amounted to $1 billion, an amount Ukraine's fragile economy can ill afford.

Ukrainian authorities say they will insist on cutting Russian gas imports to 27 billion cubic metres (bcm) this year from an estimated 40 bcm last year. But Gazprom insists this level is too low.

"According to the contract, a change in annual volumes cannot exceed 20 percent. In 2012, as everyone knows, the contractual supply volume stands at 52 bcm and cannot be cut to 27 bcm even in theory," Gazprom spokesman Sergei Kupriyanov said.

Russia and Ukraine have been engaged in months of negotiations on gas prices, which stand at $416 per thousand cubic metres in the first quarter of 2012, according to a Ukrainian government source. Ukraine sees a fairer price at $250.

The ownership of Ukraine's cherished pipeline system, through which Russia used to ship 80 percent of its gas exports to Europe before the launch of the Nord Stream underwater pipeline last November, is also a subject of talks.
The Kyiv Post is disabling its online comment section due to an increase in trolls, violent comments and other personal attacks. Other news organizations worldwide have taken similar steps for the same reasons. The Kyiv Post regrets having to take this action. The newspaper believes in a robust public debate, but the discussion must be constructive and intelligent. For the time being, the Kyiv Post will allow comments on its moderated Facebook group The newspaper will consider hosting online comments again when circumstances allow. Thank you from the Kyiv Post.


© 1995–2015 Public Media

Web links to Kyiv Post material are allowed provided that they contain a URL hyperlink to the material and a maximum 500-character extract of the story. Otherwise, all materials contained on this site are protected by copyright law and may not be reproduced without the prior written permission of Public Media at
All information of the Interfax-Ukraine news agency placed on this web site is designed for internal use only. Its reproduction or distribution in any form is prohibited without a written permission of Interfax-Ukraine.