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You're reading: Yanukovych: Ukraine will not sell pipeline and bets on deal with Russia
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His statement
indicates that Ukraine is betting on a deal with Russia – its main supplier of
blue fuel – and is not prepared to meet conditions for a deal with the
International Monetary Fund.

Yanukovych said he hopes a new gas deal with Russia will be reached
within half a year.

He
complained that the current price for Russian gas is unacceptable: “The price
for gas we have is the highest in the world ($520-$530 for 1,000 cubic meters).
We are losing $500 million a month (on gas) and we front the losses to the
state, on Naftogaz Ukraine.”

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