Russia cuts gas price for Ukraine to $268.5 per 1,000 cubic meters

Ukraine's Naftogaz and Russia's Gazprom have agreed on the price of natural gas at $268.5 per 1,000 cubic meters.

This is stated in an addition to the contract concerning the purchase of Russian gas, its delivery, amount, and transit terms of January 19, 2009 between Gazprom and Naftogaz, which was signed by the sides after a meeting of the Ukrainian-Russian interstate commission in Moscow on Tuesday, a Ukrinform correspondent in Russia has reported.

"Gazprom and Naftogaz of Ukraine signed an addition that gives Gazprom an opportunity, and it plans to do so, to sell gas to Ukraine at a price of 268.5 dollars per 1,000 cubic meters," Russian President Vladimir Putin said.