Yanukovych demands Russian gas price for Ukraine under $200

© RIA Novosti . Sergei Guneev / Go to the mediabankUkrainian President Viktor Yanukovych
Ukrainian President Viktor Yanukovych - Sputnik International
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The current Russian-Ukrainian gas supply contract is unfair to Ukraine and the price of Russia's gas for Ukraine must be lower than $200 per 1,000 cubic meters, Ukrainian President Viktor Yanukovych said in an interview with the French newspaper Le Monde on Friday.

The current Russian-Ukrainian gas supply contract is unfair to Ukraine and the price of Russia's gas for Ukraine must be lower than $200 per 1,000 cubic meters, Ukrainian President Viktor Yanukovych said in an interview with the French newspaper Le Monde on Friday.

"The price per 1,000 cu m is too high; it has been raised to $450 from $179.50. Today it must be under $200 per 1,000 cu m," Yanukovych said.

Russia's natural gas price for Ukraine is currently $295.60 per 1,000 cu m and is expected to rise to $350 in the third quarter and to $400 and more in the fourth quarter of 2011.

Russia has tied the price for gas to the international spot price for oil, which has been rising strongly recently due to the instability in the Middle East.

Ukraine receives a 30 percent discount on Russian gas deliveries compared to European supply prices in exchange for permission for the Russian Black Sea fleet to berth in bases in the Crimea for 25 years after 2017, when the previous base agreement expires.

Ukraine has been seeking a revision in the 2009 gas deal with Russia since last spring.

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