Ukraine’s Yatsenyuk Rejects Russian Gas Price as Aggression
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Ukraine Prime Minister Arseniy Yatsenyuk at a government meeting today said Russia’s plan to raise the natural gas price by 80 percent to what he called the highest price in Europe is “aggression against Ukraine.”
Yatsenyuk said Ukraine was ready to pay off its debt to OAO Gazprom and that the first quarter gas price was acceptable. Russia canceled discounts it offered to Kiev on April 1, raising the price to $485 per 1,000 cubic meters from $268.50, and has threatened to cut off supplies if Ukraine doesn’t pay its $2.2 billion debt.