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Ukraine finds gas price unfair and hopes for revision

      RBC, 07.09.2010, Moscow 12:56:30.Ukraine hopes that the price for natural gas supplied from Russia, which Kiev considers unfair and non-market, will be revised, Ukrainian Ambassador to Russia Vladimir Yelchenko stated at a press conference today. "We really do believe that this price is unfair. We find the price formula devised by the country's previous government in 2009 to be incomprehensible. Moreover, the situation on the oil and gas market is completely different today than it was in 2009. The prices are sinking, and we would like these new conditions to be reflected in the price that we plan to suggest to Russia," he explained. The diplomat indicated that the Ukrainian prime minister was personally supervising the gas price issue, and noted that the PM had paid several visits to Moscow to participate in talks. "Hopefully, we will hear some good news in the near future," Yelchenko said.

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