You're reading: Tengrinews: Putin refuses to cut price of Russian gas for Ukraine

Russian President Vladimir Putin did not budge Thursday during talks with his Ukrainian counterpart Viktor Yanukovych aimed at easing a dispute over the price of Russia's gas, according to the Tengrinews website.

“We have some issues on which we have not reached an agreement for the moment,” Putin told a joint press conference after the talks in the Ukrainian resort of Yalta.

Putin alluded to Ukraine’s repeated requests for Moscow to cut the price it charges Kiev for natural gas by saying that all existing contracts remain “in force”.

He said Ukraine had already saved $8 billion (6.5 billion euros) thanks to a price reduction granted in 2010, and that the current price is comparable to what other European countries are charged.

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