Ukraine to pay $385 per 1,000 cubic meters of Russian gas until March 31, 2015 - Poroshenko

Ukraine will meet its gas and heating needs this winter and pay $385 per 1,000 cubic meters of Russian gas until March 31, 2015, Ukrainian President Petro Poroshenko said.

Ukraine will meet its gas and heating needs this winter and pay $385 per 1,000 cubic meters of Russian gas until March 31, 2015, Ukrainian President Petro Poroshenko said.

"Following consultations, I can say that Ukraine will be with gas and heat. This was the conclusion of our arrangements yesterday. It was achieved on conditions of protecting Ukrainian national interests," he said in an interview with Ukrainian TV channels on Saturday evening.

Poroshenko said that over the course of negotiations with Russia, Ukraine insisted that there should be two prices - a price for winter when demand is up and a price for summer when the demand falls - just like on the European market.

"Ukraine and the EU had a common position that the price for summer should be $325 per 1,000 cubic meters and the price for winter - $385 per 1,000 cubic meters. Russia insisted on $385 per 1,000 cubic meters for the whole year. As a result, it was decided to fix the 'winter' price until March 31, 2015," Poroshenko said.

"Agreement was reached, with the Ukrainian position being approved de facto. Let's now talk solely about winter and fix the price at $385 until March 31. The Russians agreed to this," he said.

Read more: Poroshenko will sign decree demobilizing conscripts willing to continue military service under contract

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