The gas price formula in the agreement
Ukraine is able to purchase gas from the Russian Federation in the 4th quarter of 2014, paying $378/ thousand cubic meters, while in the 1st quarter of 2015 - $365/thousand cubic meters, Prime-Minister of Ukraine Arseny Yatseniuk said earlier today at the meeting of the Ukraine’s Cabinet of Ministers, RBK-Ukraine (РБК-Україна) reports.
“Now we’ve come to the conclusion that the price will be calculated according to the formula set out in the agreement, with taking into account that the oil price that has dropped drastically can amend this formula. This means that in the last quarter the price will be $378, while in the 1st quarter of the next year the price will be $365”,- said Yatseniuk
