Prodan: Ukraine and EU fail to achieve agreement with Russia on mechanism for forming gas price

18:08, 26.09.2014 1 min read

Ukraine's Minister of Energy and Coal Industry Yuriy Prodan has emphasized that the price of gas Kyiv will buy to ensure the uninterrupted supply of gas in winter should be formed on the basis of market mechanisms.

"This must be a commercial price, which is not dependent on the decisions of the Russian government," the Ukrainian minister said at a press conference in Berlin after a trilateral meeting with Russian Energy Minister Alexander Novak and European Commissioner for Energy Gunther Oettinger.

He said that Ukraine still opposes the fact that the price of $385 per 1,000 cubic meters is the result of the Russian government's decision to abolish export duties.

At the same time, according to Prodan, full agreement with the Russian counterparts on this issue has not been achieved.

"Unfortunately we have not achieved agreement with the Russian side regarding the mechanism of forming gas prices," the minister said.