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Gazprom OAO : Ukraine : UKRAINE freezes imports of natural gas from EUROPEAN COUNTRIES

01/09/2014 | 04:37pm US/Eastern

After the main supplier, Russia's gas monopoly Gazprom has brought down the price of its natural gas for Ukraine by a third - to 268 dollars 50 per thousand cu m, the Ukraine suspended imports of natural gas from European countries at the beginning of 2014.

Nearly 2 billion cu m of natural gas has been imported by the Ukraine from Poland and Hungary in 2013.

In late Dec, 2013 Ukraine would import at least 30 billion cu m of natural gas to cope with the domestic demand considering the lower price.

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