Ukraine’s Energy and Environment Minister Oleksiy Orzhel has announced a reduction in prices of natural gas soon.
“The signing of the agreement with Russia’s Gazprom helped stabilize the market situation, and accordingly there are all positive factors for reducing prices,” he has said on Facebook.
According to him, the Cabinet of Ministers made the appropriate decisions on January 24. Gazprom paid twice the volume of actual transit shipments, he said.
“This became possible due to fixing the minimum gas pumping volumes in the transit agreement. Gazprom must pump at least 178 million cubic meters daily. In fact, only 47% of the paid amount was pumped before January 22,” the minister explained. (UNIAN/Business World Magazine)