Middle East Economic Survey


No 39



Ukraine To Pursue Gas Price Agreement With Russia

Ukrainian Prime Minister Yulia Timoshenko announced on 23 September that she plans to visit Moscow in the next few weeks to secure a price agreement for the supply of Russian gas to Ukraine. Russias Foreign Minister Sergei Lavrov said in July that the cost of Russian exports to Ukraine may rise to $400/1,000 cu ms, which could severely impact the Ukrainian economy. Mrs Timoshenko said, I...