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Russia offers Ukraine 25 percent cheaper gas under new transit deal

Christian Fernsby |
The price of gas for Ukraine may be lower if Moscow and Kiev manage to reach a new transit agreement, Russian President Vladimir Putin told after the Normandy Four summit in Paris.

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Topics: RUSSIA    UKRAINE    GAS   

Gas for Ukraine "could be cheaper 25 percent, as compared to what the end consumer currently gets, primarily the industrial consumer, because the price of gas for the domestic consumer, for citizens [of Ukraine], is subsidized, we can’t calculate the price from the subsidized price," Putin said.

Ukraine’s President Volodymyr Zelensky said in return that there is a good chance that the contract on gas transit from Russia to Europe via Ukraine would be extended after January 1.

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