Russia offered Ukraine $100 gas discount, Kiev wants contract revision - Yatseniuk

Ukraine rejected Moscow's offered discount of $100 per 1,000 cubic meters of gas finalized by the Russian government and it insisting that any contract explicitly include a market price.

Ukraine rejected Moscow's offered discount of $100 per 1,000 cubic meters of gas finalized by the Russian government and it insisting that any contract explicitly include a market price.

"We are standing on the same positions: revise the contract and establish a market price for gas," Yatseniuk said in opening remarks at a Ukrainian government meeting on Wednesday, adding: "We aren't going down that road again."

The price Gazprom charges Ukraine for Russian gas rose to $385.5 per 1,000 cubic meters as of April 1 from $268.5 after Russia canceled the discounts that were in effect in the first quarter. On the next day, April 2, Russia renounced the "Kharkov agreements," which sent the price Ukraine is charged to $485.5 per 1,000 cubic meters.

The new proposal offering a similar discount is a trap, Yatseniuk said, because Kyiv has no grounds for trusting the Russian government. That is why Ukraine is insisting on a revision of the contract, he said.

Yatseniuk feels a market price is $268.5 per 1,000 cubic meters, which is the price it paid for Russian gas in the first quarter and the price it is ready to pay for the unpaid deliveries Gazprom has made.

Energy and Coal Industry Minister Yuriy Prodan and top officials at Naftogaz Ukrainy will continue European Commission-mediated gas talks with Russia in Brussels on Wednesday. The day before Russia postponed imposition of advance payment requirements for Ukraine by one week, until June 16.

Gazprom delays regime of Ukrainian upfront gas payment till June 17>>>

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