Ukrainian Prime Minister Mykola Azarov said he expects the 2009 gas contract between Russia and Ukraine to be revised "within a few days" after meeting with counterpart Vladimir Putin.
"The talks are nearing the end," Azarov said in a statement Wednesday on the government's web site. "In a few days, we will be able to approve a compromise." Putin and Azarov met in St. Petersburg on Tuesday.
Ukraine is seeking to revise the terms of gas-supply and transit contracts with Russia to help unlock the next tranche of a loan from the International Monetary Fund. Ukrainian President Viktor Yanukovych seeks to cut the price to $230 per 1,000 cubic meters from next year's expected average level of $415.
Azarov and Putin discussed the possibility that Ukraine make payments for imported gas in Russian rubles, according to the Ukrainian government's statement. NAK Naftogaz Ukrainy, Ukraine's state-run energy company, paid more than $867 million to Russia for September gas deliveries.
Meanwhile, Polskie Gornictwo Naftowe i Gazownictwo, Poland's biggest gas distributor, has given itself until the end of the month to reach a deal with Gazprom on lowering prices of gas imported from Russia, deputy chief executive Radoslaw Dudzinski said in Warsaw on Wednesday.
The state-controlled Polish company will seek international arbitration if the talks on gas prices fail, Dudzinski said.
A Message from The Moscow Times:
Dear readers,
We are facing unprecedented challenges. Russia's Prosecutor General's Office has designated The Moscow Times as an "undesirable" organization, criminalizing our work and putting our staff at risk of prosecution. This follows our earlier unjust labeling as a "foreign agent."
These actions are direct attempts to silence independent journalism in Russia. The authorities claim our work "discredits the decisions of the Russian leadership." We see things differently: we strive to provide accurate, unbiased reporting on Russia.
We, the journalists of The Moscow Times, refuse to be silenced. But to continue our work, we need your help.
Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and every contribution makes a significant impact.
By supporting The Moscow Times, you're defending open, independent journalism in the face of repression. Thank you for standing with us.
Remind me later.