Russia's gas-export monopoly Thursday rejected a Ukrainian proposal to cut sharply the amount of gas it purchases from Russia.
Russia
's
gas-export monopoly Thursday rejected a Ukrainian proposal to cut sharply the
amount of gas it purchases from
Russia
.
OAO Gazprom (GAZP.RS) said in a statement that according to a ten-year contract
it signed in 2009 with
Ukraine
's
Naftogaz, neither side can unilaterally change the annual amount of gas
purchased by
Ukraine
by
more than 20%. Gazprom said
Ukraine
is
expected to take 52 billion cubic meters of gas in 2012 and thus can't cut its
purchases to 27 billion cubic meters.
A Ukrainian official Wednesday had said the country would insist on cutting
Russian gas imports to 27 billion cubic meters in 2012, well below 2011 levels.
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