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Ukraine rules out possible gas transit issues

      RBC, 22.10.2010, Kiev 10:27:43.Ukraine rules out the possibility of any problems in gas transit to Europe in view of its talks with Russia on gas prices for Ukrainian consumers, the nation's Deputy Prime Minister Andrei Klyuyev told a press conference yesterday. He expressed confidence that Europeans will celebrate the New Year peacefully in their warm homes, as Ukraine undertakes, as a reliable partner, to ensure an uninterrupted supply of Russian gas to Europe.

      Ukraine has come up with a proposal to revise the Russian gas price formula by reducing the base price of $450 per 1,000 cubic meters and substituting some of the formula's other components.

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