Prime Minister of Ukraine Mykola Azarov reiterates that the formula for determining the price of Russian gas for Ukraine does not meet market conditions.
As the Interfax, Azarov said this at a meeting of the Ukrainian government on Wednesday, discussing the results of his trip to Vienna (Austria) and a meeting with Secretary General of OPEC Abdalla Salem El-Badri.
"By the way, Mr. al-Badri authoritatively confirmed that the gas market has undergone significant changes over the recent years. The world has not linked the price of oil and gas, as there were significant amounts of shale gas, alternative energy sources. Hence, the formula for determining the price of Russian gas for Ukraine is no longer corresponds to the market conditions, "- said the Ukrainian prime minister.
At the same time M. Azarov said that Ukraine is and will remain a reliable partner for Russia and the EU in gas transportation.