Ukraine suggests compromise gas price in row with Russia


  • World
  • Friday, 13 Jun 2014

KIEV (Reuters) - Ukraine said on Friday it was ready to pay a compromise price for Russian natural gas for 18 months to avert the threat of Moscow cutting off supplies and allow time to reach a long-term pricing agreement.

Andriy Kobolev, chief executive of state gas company Naftogaz, said the price of $326 (192 pounds) per 1,000 cubic metres - higher than what Kiev wants to pay and lower than what Russia demands - was proposed by the European Commission during talks.

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