Ukraine doesn't agree on Russian gas prices

Ukraine is likely to ignore a recent Russian offer for gas supplies in the third quarter of 2016 in favor of buying elsewhere in Europe, a deputy head of Ukrainian state energy firm Naftogaz, Yury Vitrenko, wrote on his Facebook page.

Vitrenko said that Russian energy officials had offered a price of $177 per 1000 cubic meters, while the price for gas in Europe had decreased to less than $173.

"Under these conditions we will not buy gas from Gazprom. We will buy all necessary volumes on the European market. We have no any problem with this," Reuters cited him as saying.