Gazprom and Naftogaz to reduce Russian gas supplies for Ukraine
The Russian energy company Gazprom and the Ukrainian Naftogaz have signed additional protocols to their gas supply
contracts.
The new agreements stipulate the reduction of Russian gas supplies to the Ukraine for 2010 -- from 52 bn cm down to
33,75 bn cm -- amending the quantities agreed in January 2009.
Ukraine has requested the reduction over the decline of its industrial activity as a result of the economic
crisis.
Meanwhile, Ukrainian President Viktor Yushchenko stated that Ukraine needed to increase its transit fees for Russian
natural gas to the European level, comparable, for example, to the fees of Slovakia, which would bring Naftogaz
additional $ 2,5 bn. Yushchenko has said the transit fees must go up from the current $ 1,7 per tcm to $ 4,5-$ 5,5
per tcm.
