Ukrainian Prime Minister Arseniy Yatsenyuk. Photo by EPA/BGNES
Ukraine's acting Prime Minister Arseniy Yatsenyuk says his country does not accept the new prices for gas introduced by Russia.
This week, Russian energy giant Gazprom announced a major price hike for delivery of gas to Ukraine, up to USD 485 per 1000 cubic meters from the previous USD 268.
"Political pressure will not work, we do not accept the price of USD 500 (per 100 cubic meters). Ukraine is ready to continue to buy the natural gas at a price which was at the beginning of this year – USD 268. This is an acceptable and balanced market price. We are ready to make all payments for the previous gas supplies, and we are waiting for a reply from Gazprom", the Prime Minister said, quoted by Interfax agency.
Yatsenyuk vowed to use all necessary methods to resolve the situation and tackle the monopoly of Gazprom.