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You're reading: Azarov: Ukraine may seek arbitration if Russia gas talks fail
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“Ukraine is ready to take this dispute to international arbitration,” Azarov wrote on his Facebook page. “But we would like to try settling it first.”

Azarov’s government has threatened Russia with arbitration in the past, but the threat has never materialized. The sides are due to hold the next round of gas talks on Jan. 15.

Ukraine says the price of Russian gas defined by its current contract with Russia is exorbitant and unfair. It is paying about $400 per thousand cubic meters at the moment and has said a fair price would be within $250.

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