Wednesday, June 24, 2015

Putin has left Ukraine without the old prices for gas – RBC

Russian President Vladimir Putin during a meeting with government members in the Kremlin

Photo: TASS

Russian gas can no longer be delivered to Ukraine with a big discount, he said at a meeting with government members Russian President Vladimir Putin. “With such a serious fall in oil prices, which is reflected in the price of gas, we can not provide a discount to the same extent as before,” – Putin said, explaining that the final price for Ukrainian consumers of Russian gas should be at the level of the neighboring Ukraine countries, such as Poland.

At the same time the president did not rule out that some discount Ukraine still can get and if so requested by the Ukrainian authorities to do, the government should negotiate , calculate the possible “volume discounts” and take appropriate action.

«Let’s wait, it’s Ukraine needs, but not for us, so I hope that in due time it will be done”, – Putin said in response to the words of the Minister of Energy Alexander Novak that Ukraine for the discount is not applied.

Ukraine – the only country that gets an exclusive $ 100 discount to the contract price, said a senior analyst at UBS Maxim Moshkov. “Given the fact that the contract price for Ukraine adopted by formula tied to the price of oil, it fell by itself, and perhaps an additional discount is not needed, says expert. Russia is negotiating to provide this discount for Ukraine for the next quarter, “- he said.

The representative of” Gazprom “has promised to give a comment RBC later.

In the second quarter of 2015. Ukraine gets Russian gas at a price of $ 247.18 per thousand cubic meters, while for Poland the price for it set much higher. Until 2012, the average price for gas “Gazprom” for Poland amounted to about $ 550, in 2014 it dropped to about $ 420 now, according to experts, the Polish company PGNiG pays for one thousand cubic meters of gas less than $ 400, and through the Stockholm arbitration achieves new revising the price.

For Ukraine, the current low price is set taking into account the decision of the Government of the Russian Federation provided by the Customs Duties discount of $ 100 per thousand cubic meters. Proof of end March 2015 p ene for Ukraine is $ 329 per thousand cubic meters, but then there was a special procedure for calculating export duties: at $ 333.3 and higher per thousand cubic meters, down $ 100, at a price lower than $ 333.3 reduction of 30% of the contract price.

Later, Novak said that in the third and fourth quarters of 2015, the discount can be less than 30% of the contract price.

The head of the Ukrainian Energy Ministry Vladimir Demchishin at the beginning of June 2015 reported that in the third quarter of the price of Russian gas under the current pricing formula should be about $ 295 per thousand cubic meters and a price of Russian gas Ukraine will not buy, as the fuel purchased in Europe costs about $ 250 per thousand “cubes».

«extra $ 45 to pay inappropriate. We just will not buy it. If the Russians want to sell it, they should give us a fair market value. And I think that the Russian price is lower than the European. The progress in the negotiations, which is, he does not give reason to doubt the provision of discounts, in fact – it’s not a discount, and the market price “, – said at the beginning of June 2015 Demchishin.

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