Kyiv to buy not more than 20 bcm of Russian gas per year, says Azarov

10:52, 30.11.2012 1 min read

Ukraine is planning to buy not more than 18-20 billion cubic meters (bcm) of Russian natural gas per year, Ukrainian Prime Minister Mykola Azarov has said.

"Our task for the next few years is to buy not more than 18-20 bcm of gas," he said at a forum of Ukrainian and Norwegian businessmen in Oslo on Friday.

According to Azarov, the country will extract its own gas and take measures to cut down on gas consumption in order to carry out this task.

As reported, on November 23, Ukrainian President Viktor Yanukovych said at a meeting with the management of Interfax-Ukraine that Ukraine has to reduce purchases of Russian natural gas under price pressure. According to him, Ukraine plans to buy 18 billion cubic meters of gas from Russia in 2013, down from 26 bcm in 2012.