You're reading: UNIAN: Russia says Gazprom-Naftogaz contract implies no gas discount

The gas price stipulated by the contract involving Russia’s Gazprom and Ukraine’s Naftogaz is lower than that on the European market, so there is no ground for a discount, Russia’s Energy Minister Alexander Novak said in an interview aired by the Rossiya-24 TV news channel on Oct. 17, according to Russian news agency TASS.

“As for the discount, there is no background for it today as the price stipulated by the contract between Gazprom and Naftogaz is in line or even lower than the prices on the European market now,” he said, TASS wrote.

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