×
Enjoying ad-free content?
Since July 1, 2024, we have disabled all ads to improve your reading experience.
This commitment costs us $10,000 a month. Your support can help us fill the gap.
Support us
Our journalism is banned in Russia. We need your help to keep providing you with the truth.

Gazprom to Supply Gas To Ukrainian Tycoon

Gazprom has agreed to supply gas at a discount to a Ukrainian tycoon, whose past role in gas deals ended after a price row in 2009, a company source said Wednesday, as concerns mount over Ukraine's ability to foot its import bill.

Dmytro Firtash's Ostchem holding will purchase 5 billion cubic meters of gas to put into underground storage, at a 30 to 36 percent discount to the price Ukraine pays for Russian gas, the source added, confirming newspaper reports.

Gazprom CEO Alexei Miller has said the transit of Russian gas exports to Europe is at risk again due to low levels of gas in underground storage in Ukraine ahead of winter, when cold weather pushes up demand.

Ostchem declined to comment. Gazprom had no official comment.

A Message from The Moscow Times:

Dear readers,

We are facing unprecedented challenges. Russia's Prosecutor General's Office has designated The Moscow Times as an "undesirable" organization, criminalizing our work and putting our staff at risk of prosecution. This follows our earlier unjust labeling as a "foreign agent."

These actions are direct attempts to silence independent journalism in Russia. The authorities claim our work "discredits the decisions of the Russian leadership." We see things differently: we strive to provide accurate, unbiased reporting on Russia.

We, the journalists of The Moscow Times, refuse to be silenced. But to continue our work, we need your help.

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 every contribution makes a significant impact.

By supporting The Moscow Times, you're defending open, independent journalism in the face of repression. Thank you for standing with us.

Once
Monthly
Annual
Continue
paiment methods
Not ready to support today?
Remind me later.

Read more