Support The Moscow Times!

Gazprom Prices Are Firm

SOCHI — Gazprom chief executive Alexei Miller told reporters Monday that the company would not accept lower profits on deliveries to China than on sales to Europe or consider revising the gas price for Ukraine in 2011 despite its neighbor's calls for renegotiations.

"We are not going to invent any kind of new [pricing] formula for anyone or link it to [the price] of any other type of fuel," Miller said. Russia is in the final stage of negotiations to supply China with 68 billion cubic meters of gas per year over 30 years, but the parties have yet to agree on price.

Meanwhile, Ukrainian Prime Minister Mykola Azarov said earlier on Monday, "If the price of gas has risen, that should be reflected in transit fees."


Read more

Independent journalism isn’t dead. You can help keep it alive.

As the only remaining independent, English-language news source reporting from Russia, The Moscow Times plays a critical role in connecting Russia to the world.

Editorial decisions are made entirely by journalists in our newsroom, who adhere to the highest ethical standards. We fearlessly cover issues that are often considered off-limits or taboo in Russia, from domestic violence and LGBT issues to the climate crisis and a secretive nuclear blast that exposed unknowing doctors to radiation.

Please consider making a one-time donation — or better still a recurring donation — to The Moscow Times to help us continue producing vital, high-quality journalism about the world's largest country.