Wednesday, January 04, 2006

Ukraine-Russia gas row resolved.

As you may already know, the dramatic stand-off between Russia and Ukraine has ended rather abruptly,
As BBC reports
Gazprom will sell Russian gas to Rosukrenergo for $230 for 1,000 cubic metres from 1 January, but the company will also supply Ukraine with much cheaper gas from Turkmenistan.

The overall price Ukraine will pay will be $95 per 1,000 cubic metres. It will also get paid 47% more for transporting Russian gas to Europe.

Sounds complicated? Well, one Russian LJ user has come up with a way to explain it in layman terms
here (translated from Russian):
So far it looks like this: Gazprom will be selling gas to itself at the $230 price and to Ukraine for $95.

Meanwhile, Europe is weighing in on possible repsonses to the lessons it's learned during the crisis


At 5:20 AM, Anonymous Max said...

Ilya, hello from Kiev! Yes, the gas problem seems to be resolved, BUT. I believe it will be resolved only if Ukraine will show certain loyalty to Russia and don't forfet that Russia has influence on that Asian countries that agreed to feed Ukraine with their gas...


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