11:30 03.09.2009

Russian gas transit fee may grow 65-70% in 2010, says Ukrainian premier

The price of Russian gas transit across Ukraine may grow 65-70% in 2010, Ukrainian Prime Minister Yulia Tymoshenko has said.

"The cost of the transit of Russian gas through Ukraine to Europe will significantly rise from January 1... [It will grow] 65-70% depending on the price of oil," she said while opening a government meeting in Kyiv on Thursday.

Tymoshenko said that Ukraine and Russia are planning to ensure gas is stably transited this year and early next year.

"Both sides, Russia and Ukraine, have agreed that at Christmas, there won't be [any halt in gas supplies], as usually happens when there are crises in the gas sector. Everything will be quite calm on the basis of the current agreements," she said.

Tymoshenko also said that the Ukrainian and Russian premiers had agreed that sanctions would not be imposed on Ukraine for the country buying less gas than expected.

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