Gazprom May Give Ukraine a 10% Price Discount, Kommersant Says

Russia’s OAO Gazprom (GAZP) may give Ukraine a 10 percent discount on the price of natural gas, Kommersant-Ukraine reported, citing a person familiar with the matter who didn’t want to be identified.

Gazprom expects in exchange that Ukraine won’t request any further price cut and will purchase 33 billion cubic meters of gas this year, in line with the existing contract, the Kiev- based newspaper reported.

Talks between Russia and Ukraine will probably resume this week, according to Kommersant.

To contact the reporter on this story: Kateryna Choursina in Kiev at kchoursina@bloomberg.net;

To contact the editor responsible for this story: Claudia Carpenter at ccarpenter2@bloomberg.net

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