Kupriyanov Statement on Future Ukraine Gas Tariffs

Commenting on the statement of Ukrainian Prime Minister Yulia Timoshenko at a government meeting where she said “price for gas transit through the territory of Ukraine from January 1, 2010 will increase by 65-70% depending on the oil price”, Gazprom’s official spokesman Sergei Kupriyanov stated:

“The tariff for gas transportation across the Ukrainian territory is determined by the formula stipulated in the contract. The tariff may vary depending on the oil price. For the moment Gazprom forecasts 2.56-2.7 dollars per thousand cubic meters for 100 kilometers in 2010.  The real tariff figure will be determined as actual data are obtained for fuel oil, gasoil and natural gas prices in the reference period.”