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Deputy PM to address Ukraine gas price

      RBC, 13.04.2011, Kiev 13:55:19.Russian Prime Minister Vladimir Putin has instructed Deputy Prime Minister Igor Sechin to address the feasibility of the natural gas price for Ukraine during his visit to Kiev on April 19, Ukrainian Prime Minister Nikolay Azarov said at a government meeting today wrapping up the results of his meeting with Putin on Tuesday.

      Ukraine seeks to revise a burdensome gas supply agreement concluded by the previous government. Naftogaz of Ukraine and Russia's Gazprom concluded a 10-year gas supply and transit agreement in January 2009 which provides for the basic gas price for Ukraine of $450 per 1,000 cubic meters, which, as Ukraine claims, is not in line with the market level.

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