Alexei Miller Ukraine Quotations

If in the remaining hours, Ukraine does not sign a contract for gas, then at 10 a.m. Moscow time on Jan. 1 the Russian Federation will completely sever supplies to the Ukrainian customer.

We are increasing gas supplies to the Russian-Ukrainian border on practically a daily basis, but the shortfall in supplies to Europe is increasing daily and correspondingly the removal of gas in Ukraine is increasing. Ukraine is continuing to take gas that is being exported to Europe.

We consider Turkey as a reliable partner to transit gas to third countries. Recent developments in Ukraine indicate that a new pipeline has to be laid down across the Black Sea to run parallel with Blue Stream.

The agreements will provide additional security guarantees to gas exports to Europe and serve as a sound foundation for further cooperation between Russia and Ukraine in the gas sector based on market principles.

The current gas price for Ukraine is 230 U.S. dollars per 1,000 cubic meters. Bearing in mind the shift to market terms, gas prices for Ukraine may increase or drop.