Moscow. January 1. Prime Minister of Russia Dmitry Medvedev signed a decree on the fees for gas supplies to Ukraine for the first quarter of 2016, according to the official website of legal information.
According to the resolution, the previously announced information that the contract price for the first quarter will be $230 per thousand cubic meters, it is assumed that the size of the discount to the contract price (set on the size of the export duties) will be $51,2 per thousand cubic meters. Accordingly, the proposed price of approximately $178,7 for a thousand cubic meters.
Earlier, Minister of energy and coal industry of Ukraine Volodymyr demchyshyn said that Ukraine is ready to buy gas from Russia in the first quarter of 2016 only if price goes down to less than $200 per 1 thousand cubic meters “the Russians realize that in order to be competitive they need to reduce the price to less than $200 and we are not talking about any discounts, and just about current market situation”, – he said.
The Russian side sets the price for “Naftogaz of Ukraine” by providing discounts through special duties, focusing on spot prices for gas in Europe.
At the moment forward contracts for the first quarter on European hubs traded at $170 for 1 thousand cubic meters.
Earlier “Gazprom” has requested from “Naftogaz of Ukraine” letter of guarantee obligations by the volume of gas in the first quarter.