On April 2, Russian Gazprom and Naftohaz Ukrainy signed an agreement on natural gas sales-and-purchases to cover the next three months. Russian President Vladimir Putin authorized his government, which in turn instructed Gazprom, to sign this agreement, with a substantial price discount for the “Ukrainian partners” (Kremlin.ru, March 31). Valid until June 30, as part of a putative “summer package,” this agreement represents the continuation of the “winter package” gas supply agreement, which was signed last October for the period November 1, 2014, through March 31, 2015 (see Part One in EDM, April 3).
Under the agreement just signed, Naftohaz’s purchase …read more
Source: The Jamestown Foundation