Russia is ready to consider providing Ukraine with a discount for gas supplies within their existing contract starting from the second quarter, Russian Energy Minister Alexander Novak told Rossiya 24 TV channel on Tuesday.
Russia and Ukraine have been engaged in talks, mediated by the European Commission, over gas supplies, complicated by a conflict in eastern Ukraine where pro-Moscow rebels are fighting the government forces. Russia meets around a third of Europe’s gas demand, while some 40 percent of Russian gas to the EU goes via Ukraine.
Moscow earlier agreed to provide a discount of $100 per 1,000 cubic metres of gas …read more
Source: Daily News & Analysis