Russia to resume gas supply depends on the proposals of Kiev

Russian Energy Minister Alexander Novak told the press that negotiations for the resumption of gas supplies to Ukraine will depend on the proposals of Kiev. "Everything will depend on what will be proposed by Ukrainian colleagues, and in this sense, for all I know," Naftogaz "and" Gazprom "are in contact," said when asked about resumption of gas supplies.

Formerly the CEO  "Gazprom" Alexey Miller declared that the company had received the request of "Naftogaz" to resume gas supplies from Russia to Ukraine in the second half of 2016 until April 2017. The "Naftogaz" answer is that it has offered to " Gazprom "to sign a supplementary agreement to the contract for the supply of gas in the next three quarters, economically reasonable considering the price level" less transportation hub. "

As already noted by Novak, Russia hasn't received comments from "Naftogaz" to change the pricing formula and make changes to the gas supply contract. The current agreement between the companies signed up to the end of 2019 has a formula with a corresponding price in an absolute manner than the market, noted the minister.

Ukraine has suspended Russian gas purchases in November and buy the gas transit by the European Union, arguing that it is cheaper.