Russia Ready to Consider Gas Price Discount for Ukraine, Novak Says

March 3, 2015 9:53 PM

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Russia Ready to Consider Gas Price Discount for Ukraine, Novak Says

Russia is ready to consider providing Ukraine with a discount for gas supplies within their existing contract starting from the second quarter, Russian Energy Minister Alexander Novak told Rossiya 24 television channel Tuesday.

Russia and Ukraine have been engaged in talks, mediated by the European Commission, over gas supplies, complicated by a conflict in eastern Ukraine where pro-Moscow rebels are fighting the government forces.

Also read: Ahead of promised cut, Russia's oil output hits record high

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