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"Naftogaz of Ukraine" confirms that Ukraine in near future will buy only Russian gas

13-01-2014 15:40

From January 1 Ukraine refused to purchase natural gas from the European spot markets by the agreement with the German company "RWE".

The situation changed after the December agreement of the Presidents of Ukraine and Russia to lower gas prices. According to "Naftogaz", now Russian gas price is much lower than the European one, therefore the state holding will purchase "blue fuel" only from "Gazprom".