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Naftogaz, Gazprom discussing gas price at $350-380 for April 2014 through June 2015

03-06-2014 10:11

Ukraine's Naftogaz and Russia's Gazprom have been reviewing prices of Russian gas for April and May 2014 retroactively, European Commissioner for Energy Gunther Oettinger said following the latest round of trilateral gas talks."The price will be higher than $350 but lower than $380 [per 1,000 cubic meters]. The rest is a matter of negotiations," he said in Brussels on June 2 evening.

Oettinger expressed hope that the package agreement on the price and the schedule of payments be concluded at least until and including June 2015.The talks will continue tentatively this week to achieve the results by the middle of next week, he said.The sides also agreed that there would be neither halt to gas supplies nor litigation during that period.Oettinger said that the chiefs of Naftogaz and Gazprom on June 2 held bilateral commercial negotiations and he welcomed the renewal of such contacts.