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. Last Updated: 07/27/2016

Ukraine in Gas Price Talks

Ukrainian Environment and Natural Resources Minister Eduard Stavytsky has confirmed that Ukraine is in talks with Russia on reducing the gas price, but not on creating a bilateral consortium to manage Ukraine's gas pipeline system, Interfax reported.

"We are holding negotiations not on creating a consortium, but on reducing the gas price. We are in talks not only with our Russian colleagues, but also with our European colleagues," Stavytsky said during an interview with Ukrainian journalists in Brussels on Thursday.

Asked about talks on establishing a consortium, he said, "Ukraine is open to suggestions. The question of bilateral, trilateral consortiums will be considered in the near future."

(MT)