Naftogaz buys gas from Europe for less than $200 per 1,000 cubic meters

12:00, 12.02.2016 1 min read

The national gas company Naftogaz Ukrainy is buying gas from Europe for less than $200 per 1,000 cubic meters, Ukrainian Energy and Coal Industry Minister, Volodymyr Demchyshyn, told reporters after the government meeting on Thursday.

"Somewhat less than $170 [per 1,000 cubic meters] is the hub price, and a bit less than $200, including transportation," he said.

The minister said that he was informed about the purchase price with a slight delay, so it might not be the 'latest' price.