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Ukraine's PM: Gas price deal with Russia matter of political will

      RBC, 03.05.2011, Kiev 11:28:40.Ukraine could agree with Russia on the revision of natural gas price, if both parties have political will, Ukrainian Prime Minister Nikolay Azarov said in an interview with television channel Ukraine on late May 1. "I am confident that if there is political will, and the Russian leadership has it, we will work out a compromise."

      The current gas price, which rose on the strength of soaring oil price, has become unaffordable for Ukraine, the PM said. Ukraine set out strong reasons for revising gas price. "We have shown the Russians that currently Ukraine is paying more for gas than Germany and Poland," he said. Ukraine expects to reach an out-of-court agreement with Russia on the revision of gas price formula, he added.

      Recent talks of Ukrainian Energy and Coal Minister Yury Boyko with Russian officials in Moscow have produced "the first constructive result." Negotiations will continue after May holidays, Azarov added.

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