Gazprom to Raise Gas Prices to Naftogaz by $100 per Tcm

Gazprom wrote on Wednesday that Ukraine’s Naftogaz will be called to pay an additional $100 per thousand cubic meters of gas, as the winter package is coming to the end.

‘The 'winter package' offers a temporary discount of USD 100 per one thousand cubic meters of gas. The discount was granted by the Russian Federation Government’ reads the note released by Gazprom.

According to the Russian company, the ties between Naftogaz and Gazprom will be then regulated by existing contract for gas supply and transit. 

“Gazprom has cooperated and will go on cooperating with Ukraine in accordance with the existing contracts for gas supply and transit,” Alexey Miller, Chairman of the Gazprom Management Committee, said during a briefing session on Wednesday.

A few hours later, Eustream announced Open Season procedure to offer the increased capacity due to technical measures taken at the Ukrainian side.

‘In order to participate in the Open Season procedure, interested parties may register with Eustream starting January 22, 2015 until February 05, 2015. Binding requests for transmission capacity may be submitted until February 17, 2015’ reads the note released on Wednesday. 

The capacity should be available from March.