Interview with Aleksandr Medvedev
Published: 09 November, 2007, 17:15
TAGS: Interview
Ukraine is crucial to Europe with over 70% of Russian gas supplies routed through the country. Gazprom’s Deputy CEO, Aleksandr Medvedev, has eased fears of a new EU gas shortage.
Mr Medvedev revealed that Gazprom would accept Ukraine’s price claim of US$ 160 per thousand cubic meters.
“The issue is settled and we are at an advanced stage of negotiations on the future price mechanism and it won't be just a one-year agreement but a middle-term solution. Actually it coincides with the situation in Russia. In 2011 we'll have the market price for the local market also.”
He calls the suggested price reasonable and suitable for Gazprom and he joked “the most important part is that this price is acceptable for Ukraine.”
The agreement is yet to be signed, but it will be and “much earlier then December 31” in Mr Medvedev’s words.
09.11.2007, 12:14
Putin calls on Switzerland to let Russian money inVladimir Putin has called on Switzerland to make it easier for Russians to invest in the central European country. The Russian President discussed the matter with his Swiss counterpart Micheline Calmy-Rey at the Kremlin today. |
09.11.2007, 18:57
Interview with Chris WeaferThere seems to be no end to the rise in oil prices, as geopolitical instability and the weakening dollar drive traders' concerns. Chris Weafer, Chief Strategist at Uralsib, says it's a matter of days until the $US 100-per-barrel barrier is broken. |
