Ukraine"s new Prime Minister Mykola Azarov...
of Ukraine"s economy possible," Azarov said.Last year, Russia reduced its gas price for Ukraine by 20%, but in 2010 the market price, which fluctuates depending on oil prices, was introduced. In the first quarter of this year, Ukraine will pay $305 per 1,000 cubic meters of Russian gas. The price will grow to $320 in the second quarter due to rising oil prices.
Ukraine"s gas transportation system is Europe"s second largest gas pipeline network and the main route for Russian natural gas supplies to European consumers. In early 2000, Kiev and Moscow discussed the possibility of creating a gas transport consortium with the involvement of EU partners to manage and modernize Ukraine"s Soviet-era gas pipeline network.
The project was put on hold when West-leaning president Viktor Yushchenko came to power in Ukraine in 2004.
Russia has made repeated attempts to obtain a stake in the Ukrainian gas pipeline network to modernize the system and ensure
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