The formula set in the 2009 gas contract with account of keeping discounts will lead to a fall in the price of Russian gas for Ukraine starting in Q2 2015 to less than $250 for 1,000 cubic meters, Ukrainian Energy and Coal Industry Minister Volodymyr Demchyshyn said.
“I know that the price will be lower than $250. We are expecting that this will be $248 according to the formula. [But] calculations there are changing every day depending on the formula,” he told journalists after a meeting with the government on March 31.
At the same time, during the brief interview with the minister, the question about whether or not Naftogaz will continue gas purchases from Gazprom after April 1, when the winter package is over, was not raised.
