Gazprom and Naftogaz discussed the terms of gas supplies in the first quarter

Moscow. December 23. The head of “Gazprom” and “Naftogaz of Ukraine” Alexey Miller and Andrei KOBOLEV Wednesday, in Berlin, discussed the “conditions of purchasing “Naftogaz” of gas “Gazprom” in the first quarter of 2016″, said the Russian company.

“Gazprom” writes that the meeting discussed issues related to ensuring uninterrupted transit of Russian gas through Ukraine to Europe.

The Russian side sets the price for “Naftogaz of Ukraine” by providing discounts through special duties, focusing on spot prices for gas in Europe. Recently the Deputy Chairman of Gazprom Valery Golubev said that the estimated contract price for gas for Ukraine in the first quarter (without discount) is $230 per thousand cubic meters.

At the moment forward contracts for the first quarter on European hubs traded at $170 per thousand cubic meters.

Earlier “Gazprom” has requested from “Naftogaz of Ukraine” letter of guarantee obligations by the volume of gas in the first quarter.