Yanukovich: $130/1000 cm of Gas In 2007 Is Great.
29 September 2008
Prime Minister Viktor Yanukovich said yesterday that Ukraine may pay $130/1000 cm meters of Russian gas in 2007 to avoid a standoff similar to what Ukraine faced lasted when supplies to Europe were disrupted. Yanukovich told a Cabinet meeting that $130 would be “great” for Ukraine. This comes on the heels of Energy Minister Yuriy Boyko statement that gas prices in 2007 would be between $106-135/1000 cm of natural gas. Vladimir Nesterenko: $130 is in line with our forecasts of $130-140/ 100 cm in 2007 (See our note from September 7).
