Ukrainian household gas prices may fall to Russian levels after a merger between Gazprom and Naftogaz Ukrainy, Gazprom CEO Alexei Miller said Friday.
“We could merge Gazprom and Naftogaz, and we think it would be a very important social move,” Miller said in comments broadcast by state television. Gazprom keeps domestic household prices at 1,880 rubles, or about $61, per thousand cubic meters, he said.
Miller held talks with Yuriy Boyko, Ukraine’s energy and fuel minister, on creating a joint venture between the companies. Talks are at an “advanced stage,” Gazprom said.