Novak comments on possibility of gas discount for Naftogaz

Novak comments on possibility of gas discount for Naftogaz

The gas price stipulated by the contract involving Russia’s Gazprom and Ukraine’s Naftogaz is lower than those on the European market, so there is no background for discounts, Russia’s Energy Minister Alexander Novak said.

"As for the discount there is no background for it today as the price stipulated by the contract between Gazprom and Naftogaz is in line or even lower than the prices on the European market now," TASS cited him as saying.

Earlier Novak said that Ukraine would not have sufficient gas in its underground gas storage facilities for passing the winter season properly, and it needs another 2 billion cubic meters of gas. He added that Russia is ready to supply the needed volumes of gas if Kiev is able to pay.

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