Naftogaz: Ukraine will buy Russian gas only in case of reasonable price

KIEV, November 10. National oil and gas company “Naftogaz of Ukraine” will buy Russian gas only in case of favorable market conditions and as needed. This was reported to journalists by the head of the company Andrey Kobelev.

“We will pay for Russian gas as required. We need – we buy, we don’t need – we don’t buy. When we see conditions favorable, we buy. If we believe that the price will decline, then why buy now what will be next week cheaper?” – quotes Koroleva Agency “UNIAN”.

Earlier, the Chairman of the Board “Gazprom” Alexey Miller said that Ukraine has reduced gas purchases from Russia four times compared to the beginning of the month. “Ukraine has reduced purchases of Russian gas due to financial deficit of the NJSC “Naftogaz of Ukraine” in comparison with the beginning of the month four times – up to 10 million cubic meters per day. While decreasing purchases from the European direction. Thus, currently pre-paid Gazprom gas even at such a low level selection is only enough for four days until Saturday, the 14th of November,” Miller said.

The price of Russian gas for Ukraine in the fourth quarter of 2015 amounted to $227,5 USD per 1 thousand cubic meters.