Gazprom CEO Alexei Miller and the head of Naftogaz Ukrainy Oleg Dubina met today to continue negotiations regarding Ukraine's gas debt and 2009 gas supply contracts. No agreement has been reached so far. During the talks, Miller noted that market-level gas prices for Ukraine could amount to $418 per 1,000 cubic meters in case the two sides fail to reach an agreement on pricing for next year and Ukraine switches to market-level prices.

In a Vesti 24 interview today, Gazprom CEO Alexei Miller stated that Gazprom has formed a response headquarters in the event that Ukraine is unable to settle its debt by the end of the day on December 31, 2008.

Gazprom will hold a press conference at RIA Novosti’s press centre in Moscow on Wednesday, 31 December 2008.  

Gazprom Deputy Chairman and Gazprom Export CEO Alexander Medvedev together with Gazprom spokesman Sergey Kupriyanov will give an update on the current situation of gas supplies to Ukraine and discuss questions regarding gas exports to Europe.

Alexei Miller spoke to Vesti-24 late Wednesday. "Negotiations with Ukraine have not led to any definite result. The position Ukraine is taking...is not constructive. We hope that in the hours left until the New Year we will be able to reach an agreement. If there is no agreement by 00:00 (2100 GMT) then by 10:00 a.m. on Jan.