Ukraine says signs deal to buy Russian gas at lower price

April 2, 2015 4:50 AM

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Ukraine says signs deal to buy Russian gas at lower price

KIEV (Reuters) - Ukraine has signed a new agreement to buy Russian gas over the next three months at $248 per thousand cubic meters, after paying $329 in the first quarter of this year under the just expired 'winter package', the Ukrainian energy ministry said on Thursday.

Despite being at loggerheads over a separatist rebellion in east Ukraine, the two sides are bound by a 10-year gas agreement signed in 2009 which successive Kiev governments say carries an onerous price that weighs heavily on the economy.

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