Middle East Economic Survey

VOL. LIV

No 27

4-Jul-2011

CASPIAN

Ukraine Calls For Reduction In Russian Gas Price

Ukrainian President Viktor Yanukovych told the French daily Le Monde of 24 June that he has demanded an immediate revision of the terms of a February 2009 gas supply/transit agreement with Russia. The agreement brought an end to Ukraines halt to deliveries of Russian gas to Europe because of a price dispute. The price per 1,000 cu ms is too high. It has been raised to $450 from...