Monday 2 May 2011

Azarov: Russia listening to Kyiv's arguments on revision of gas price formula

Ukraine hopes that its talks with Russia on the revision of the gas price formula will be successful, Prime Minister Mykola Azarov has said.

"We have begun to hold proper talks with the Russian Federation. We offered very strong arguments. Russia listened to them, and so the talks are going very well," he told journalists in Kyiv on Friday.

Azarov said the sides were defending their interests in the talks.

"Naturally, each side in the negotiation process would like to get its own way. Russia would not like to change anything - that is their position. But we would like to thoroughly review it [the gas contract] and outline proper conditions there," Azarov said.

He said Ukraine was not asking for any preferences and discounts.

"We're asking for a general European approach to price formation," Azarov said.

He said that he considered the start of talks to be successful and described them as "an unambiguous

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