Russian gas price for Ukraine to near...

Russian gas price for Ukraine to nearly double in Q4

There are 102 comments on the en.rian.ru story from Jun 6, 2011, titled Russian gas price for Ukraine to nearly double in Q4. In it, en.rian.ru reports that:

Ukraine may have to pay $500 per 1,000 cubic meters of Russian gas in the fourth quarter compared to $264.30 in the first quarter, head of Russian gas monopoly Gazprom Alexei Miller said on Monday.

Ukraine is paying $295.60 per 1,000 cubic meters of Russian gas in the second quarter and expects to pay $350 in the third quarter.

Join the discussion below, or Read more at en.rian.ru.

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“Pink Ponies of Justice”

Since: Sep 07

Russia

#1 Jun 6, 2011
$500 - it's without the discount. The agreement about Russia's Black Sea base gives Ukraine $100 discount, so the price in Q4'11 will be about $400.

“Dimitri at the races in Russia”

Since: Jan 10

Location hidden

#2 Jun 6, 2011
Still too cheap though.
Hopefully, Ukras won´t siphon, steal it again.

Since: Jan 10

California USA

#3 Jun 7, 2011
$400 or $500, it's still a lot of money.
Aren't they already having trouble paying their bill?

“Pink Ponies of Justice”

Since: Sep 07

Russia

#4 Jun 7, 2011
Cassandra_ wrote:
$400 or $500, it's still a lot of money.
Aren't they already having trouble paying their bill?
They always say that they want $200, but just as a favor, they don't want to do anything in response. Strange people...

“Dimitri at the races in Russia”

Since: Jan 10

Location hidden

#5 Jun 7, 2011
May I point out ?
Ukras were already getting pretty good deals for years.
It´s time to pay more for the gas. Even this price is still much better than the rest of us are paying.
Lukashenko is Dr Phil

Lempäälä, Finland

#6 Jun 7, 2011
They will steal again. How ever some peasants are planting money trees at Kiev. Ukrainian money trees only produce a bad product called hryvnia. Not eatable. Recomended to be used as toilet paper only.
Pro Ukraine

UK

#7 Jun 7, 2011
If Putin thinks that this will make Ukraine join his crappy customs union, he's very much mistaken.

“Dimitri at the races in Russia”

Since: Jan 10

Location hidden

#8 Jun 7, 2011
Certainly, only you can post such a stupidity.
Who cares whether ukras are part of it ?
Don´t tell us Russians do.
Pro Ukraine

UK

#9 Jun 7, 2011
Pesky army wrote:
Certainly, only you can post such a stupidity.
Who cares whether ukras are part of it ?
Don´t tell us Russians do.
Of course they do you dimwit, that's why they offered Ukraine a massive price cut in gas if they join it. Are you totally clueless about everything?

“Dimitri at the races in Russia”

Since: Jan 10

Location hidden

#10 Jun 7, 2011
You are an idiot.
That is all.

“UG X”

Since: Jan 09

Location hidden

#11 Jun 7, 2011
coolncrazy wrote:
<quoted text>
They always say that they want $200, but just as a favor, they don't want to do anything in response. Strange people...
To do what in responce? Please be specific.
BTW, this is what Ukraine will do in response for sure.

Kyiv on Monday made announcement to Gazprom: "if RF wont adjust its pricing, Ukraine will do its own adjustment by raising prices of transport of gas for RF"

“Dimitri at the races in Russia”

Since: Jan 10

Location hidden

#12 Jun 7, 2011
Ukra peasants ate not in position to demand anything.

“Pink Ponies of Justice”

Since: Sep 07

Moscow, Russia

#13 Jun 7, 2011
ana 8 wrote:
<quoted text>To do what in responce? Please be specific.
I don't know - if they want the discount - they should propose something worth. Otherwise what is our interest there?
ana 8 wrote:
<quoted text>Kyiv on Monday made announcement to Gazprom: "if RF wont adjust its pricing, Ukraine will do its own adjustment by raising prices of transport of gas for RF"
If they can do that within the agreement - I see no problem there at all. Their transport tariffs aren't a question here. The question is their constant requests for cheaper gas. The have the agreement, right? The price is cheaper than for their western neighbors. So what's the problem?

SWG

Since: Feb 10

Houston, Texas

#14 Jun 7, 2011
coolncrazy wrote:
<quoted text>
I don't know - if they want the discount - they should propose something worth. Otherwise what is our interest there?
<quoted text>
If they can do that within the agreement - I see no problem there at all. Their transport tariffs aren't a question here. The question is their constant requests for cheaper gas. The have the agreement, right? The price is cheaper than for their western neighbors. So what's the problem?
Just a question because I don't know the answer in the slightest. Did Ukraine and Russia have a set price for gas already established for the year or not. "IF" they did then how can Russia raise the price? "IF" they didn't then the market will dictate the price and Russia can charge what they want. If Ukraine doesn't like it they can try to get gas from a different source.

“Pink Ponies of Justice”

Since: Sep 07

Moscow, Russia

#15 Jun 7, 2011
SWG wrote:
<quoted text>Just a question because I don't know the answer in the slightest. Did Ukraine and Russia have a set price for gas already established for the year or not. "IF" they did then how can Russia raise the price? "IF" they didn't then the market will dictate the price and Russia can charge what they want. If Ukraine doesn't like it they can try to get gas from a different source.
We have the long-term agreement on 10 years or something. The price depend on gasoil market price and changing each quarter of the year with a 9-month lag.

SWG

Since: Feb 10

Houston, Texas

#16 Jun 7, 2011
coolncrazy wrote:
<quoted text>
We have the long-term agreement on 10 years or something. The price depend on gasoil market price and changing each quarter of the year with a 9-month lag.
OK, thanks. That being said Ukraine has nothing to complain about then. Their price is based on market value. From what I've read they are getting a lower price than other countries as it is. I don't see where they have the right to complain.
Lukashenko is Dr Phil

Lempäälä, Finland

#17 Jun 7, 2011
SWG wrote:
<quoted text>Just a question because I don't know the answer in the slightest. Did Ukraine and Russia have a set price for gas already established for the year or not. "IF" they did then how can Russia raise the price? "IF" they didn't then the market will dictate the price and Russia can charge what they want. If Ukraine doesn't like it they can try to get gas from a different source.
Different source? The peasants will not get no discount from the arabs either if thats what you meant. Ukrs don"t understand that world is not one big nanny state designed to take care of their needs.

SWG

Since: Feb 10

Houston, Texas

#18 Jun 7, 2011
Lukashenko is Dr Phil wrote:
<quoted text>
Different source? The peasants will not get no discount from the arabs either if thats what you meant. Ukrs don"t understand that world is not one big nanny state designed to take care of their needs.
You missed the point. If they don't like what they have now, go try somewhere else and see what you get.
ronan

Rotherham, UK

#19 Jun 7, 2011
SWG wrote:
<quoted text>OK, thanks. That being said Ukraine has nothing to complain about then. Their price is based on market value. From what I've read they are getting a lower price than other countries as it is. I don't see where they have the right to complain.
Ukraine and Belarus have always paid a lot less than the market price other European countries have to pay.
That is the problem; they never ajusted their economy to world market price and every time there is the slight increase it provokes indignation in Kiyv or Minsk. They absolutely refuse to accept reality.
The mentality in both capital is that Moscow should subsidise their energy supply. And during the last gas stand-off, Ukraine even suggested that if European customers were so keen not to have their supply disrupted, they should also help Ukraine to pay for its energy!
I think Yushchenko scuppered Ukraine's candudature to the EU by this remark, and several European countries rushed to back South Stream that will by-pass Ukraine altogether.
ronan

Rotherham, UK

#20 Jun 7, 2011
SWG wrote:
<quoted text>
You missed the point. If they don't like what they have now, go try somewhere else and see what you get.
Any alternative will be more costly and will not offer any leverage for Ukraine.

Let's face it, apart from provoking a gas crisis from time to time, Ukraine is rather an insignificant country, isn't it?

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