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 Ukraine offers Russian Federation to sign a contract on electricity supplies on preferential terms

Ukraine is ready to immediately enter into an agreement on electricity supplies from Russia.

This was stated by the Minister of Energy and Coal Industry of Ukraine Volodymyr Demchyshyn on the Facebook page of the press-service of the Ministry, Censor.NET informs.

On Saturday, Dec. 27, Russian media published a statement of Deputy Prime Minister of Russian Federation Dmitry Kozak on Russia's readiness to supply electricity to Ukraine on preferential terms (at Russian domestic prices) and without pre-payment.

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As it became known from open sources, the price of electricity on the Russian energy market as of today is about 2,100 rubles (excluding VAT, about $37) per 1 MW. This is well below the wholesale market price on the Ukrainian energy market, which in December 2014 is 941 UAH per 1 MW ($59).

"According to the statement, as well as to the previous suggestion of Inter RAO UES Joint Stock Company to conclude direct agreements with State Foreign Trade Company Ukrinterenergo, the Ministry of Energy and Coal Industry of Ukraine refers to the Minister of Energy of the Russian Federation Aleksandr Novak proposing to immediately enter into a sale contract on the above conditions," the press-service states.


 
 
 
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