Gas Talk Progress Reported

By The Moscow Times

June 3, 2012

KIEV — Ukraine and Russia have made significant progress in talks on the creation of a consortium to manage Ukraine's gas transport system, Ukrainian Energy and Coal Industry Minister Yury Boiko said, Interfax reported Friday.

"I see significant progress in terms of the consortium, but the talks on the gas price are continuing," the Energy Ministry's press service quoted Boiko as saying.

He said that difficulties in the talks on the price of natural gas were caused by a contract that was disadvantageous for Ukraine. Ukraine proposes several changes to the contract, including alteration of the base gas price, inclusion of discounts depending on volumes of gas procured and seasonal discounts.

(MT)

… we have a small favor to ask.

As you may have heard, The Moscow Times, an independent news source for over 30 years, has been unjustly branded as a "foreign agent" by the Russian government. This blatant attempt to silence our voice is a direct assault on the integrity of journalism and the values we hold dear.

We, the journalists of The Moscow Times, refuse to be silenced. Our commitment to providing accurate and unbiased reporting on Russia remains unshaken. But we need your help to continue our critical mission.

Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just 2. It's quick to set up, and you can be confident that you're making a significant impact every month by supporting open, independent journalism. Thank you.

Continue