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Ukraine to cut gas purchases from Russia by two thirds
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Mr. Mykola Azarov, the Prime Minister of Ukraine said that Ukraine will reduce its gas purchase from Russia by two-thirds in the following few years.
It’s known that Ukraine has been talking to Russia about the revision of the 2009 gas deal since last spring.
Ukraine claimed that the formula of the gas prices was unfair as Russia tied the gas prices to the international spot oil prices, which has increased sharply since the deal was inked.
News Date
9/1/2011 8:40:39 AM
reported by
Tracy Niu
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