Financial Times FT.com

Gazprom chief warns Ukraine on gas price

By Catherine Belton in Moscow

Published: June 28 2008 01:46 | Last updated: June 28 2008 01:46

The price Ukraine pays for gas imported from Russia could more than double next year, the head of Gazprom warned on Friday.

Alexei Miller said prices for Ukraine could rise to more than $400 (€254, £200) per 1,000 cubic metres in 2009 – up from $179.5 this year – if, as expected, the Russian state-controlled monopoly has to pay more for the gas it buys from Central Asia.

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