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 Ukraine raises Russian gas transit tariff approximately by half, Ukraine's Energy Minister says

The new method of price-formation for natural gas transit through Ukraine, introduced by the Ukrainian national gas regulator since 2016 will increase the tariff on the Russian gas by approximately 50% or even more; talks with Gazprom, however, will be difficult.

Ukraine's Minister of Energy and Coal Industry Volodymyr Demchyshyn said, Censor.NET reports citing Interfax-Ukraine.

"It [the tariff] will be as per the new calculations of the regulator. That is approximately, if I remember, $4.5 per 100 cubic meters. That is around 50% more than previously," he told a press conference in Kyiv on Tuesday.

Read more: Russia's oligarchs lost $11 billion in just 10 days of oil price plummeting, - The Telegraph

At the same time, he recalled that the tariff had been regulated by bilateral agreements between Naftohaz and Gazprom until recently.
 
 
 
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