Gazprom will not revise Ukraine gas price in 2011

June 06, 2011 | Government & Regulations

Gazprom_Headquarters

Russia’s gas giant Gazprom will not consider revising the gas price for neighbouring Ukraine in 2011, the company’s CEO Alexei Miller told journalists in Russia’s Black Sea resort town of Sochi. He also said Ukraine would pay Gazprom around $500 per 1,000 cubic metres of natural gas in the fourth quarter of this year.

Miller will be joined in Sochi later today by Prime Minister Vladimir Putin where they will launch a new gas pipeline.