Ukraine’s state-owned utility Naftogaz has said it will stop purchasing gas from Russian energy giant Gazprom as of July 1, until a pricing dispute has been settled.Kiev maintains the price of USD 247 per 1000 cubic meters currently proposed by the Russian concern is not acceptable, and that the rate should be slightly above USD 200.Initially, Russia had stuck to USD 287/1000 cubic meters, but agreed to a USD 40 discount in the end. Ukraine put forward its new pricing proposal at a Tuesday meeting of Russia, Ukraine, and the EU Commission held in Vienna, Russian business daily RBC reports.Russian …read more
Source: Novinite
