18 March: Ukraine is unable to buy Russian gas at current prices, which are “wrong and unfair,” Ukrainian President Viktor Yanukovych said in an interview with a Russian TV channel. (RIA-Novosti)

“I believe we will have the political will and wisdom needed to solve this issue,” Yanukovych said in an interview go to air at 17:00 Moscow time on Sunday on the Rossiya 24 TV channel. “We are unable to pay such unjustified price for the gas.  This is wrong and unfair.”

Ukraine has been seeking a revision in the 2009 gas deal with Russia since last spring. Russia has tied the price for gas to the international spot price for oil, which has been rising strongly recently due to the instability in the Middle East.

According to Naftogaz, Ukraine will pay $417-418 per bcm in 2012.

Related articles

Editor's choice
News
Putin remains focused on "near abroad". The Russian leader will meet the leaders of CIS countries in St Petersburg next week

Putin remains focused on "near abroad". The Russian leader will meet the leaders of CIS countries in St Petersburg next week

Russian President Vladimir Putin  remains focused on the "near abroad". Tomorrow and on Monday (21-22 December) Putin will attend a meeting of the Supreme Eurasian Economic Council and an informal meeting of CIS leaders in St. Petersburg. The Kremlin press service reported that during the EAEU meeting, the leaders plan to discuss current issues related to the EAEU's activities, outline guidelines for further deepening integration processes and developing the Union's single market, and approve a number of significant documents and decisions. Furthermore, at Vladimir Putin's initiative, the traditional informal meeting of the leaders of the Commonwealth of Independent States will take place in St. Petersburg on December 22. The Russian President will also hold bilateral discussions with the leaders of a number of countries.

Popular

Editor's choice
News
Putin remains focused on "near abroad". The Russian leader will meet the leaders of CIS countries in St Petersburg next week

Putin remains focused on "near abroad". The Russian leader will meet the leaders of CIS countries in St Petersburg next week

Russian President Vladimir Putin  remains focused on the "near abroad". Tomorrow and on Monday (21-22 December) Putin will attend a meeting of the Supreme Eurasian Economic Council and an informal meeting of CIS leaders in St. Petersburg. The Kremlin press service reported that during the EAEU meeting, the leaders plan to discuss current issues related to the EAEU's activities, outline guidelines for further deepening integration processes and developing the Union's single market, and approve a number of significant documents and decisions. Furthermore, at Vladimir Putin's initiative, the traditional informal meeting of the leaders of the Commonwealth of Independent States will take place in St. Petersburg on December 22. The Russian President will also hold bilateral discussions with the leaders of a number of countries.