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Contracts for gas supplies to Ukraine signed

      RBC, 06.12.2007, Moscow 13:26:46.Agreements for gas supplies to Ukraine in 2008 have been signed, Gazprom CEO Alexei Miller told journalists. RosUkrEnergo, the Ukrainian party of the agreement, confirmed to RBC that the contract had been signed and added that, according to the documents, gas prices would be $179.5 for 1,000 cubic meters, the same as agreed the day before.

      The agreement on both the price and terms of gas supplies to Ukraine, which had been reached the day before, will ensure a more stable supply of Russian gas to European consumers. Ukraine's Minister of Fuel and Energy Yury Boyko noted that, given the tough competition on the world fuel market, gas price agreed upon for 2008 was both reasonable and convenient, especially compared with those of neighboring countries. However, acting Prime Minister Viktor Yanukovich stated that he was not pleased with this price level and that negotiations with the Russian government were likely to continue.

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