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Russia: Ukraine

Volume 469: debated on Monday 10 December 2007

To ask the Secretary of State for Foreign and Commonwealth Affairs what reports he has received of negotiations between Russia and the Ukraine on the price of gas; and if he will make a statement. (171883)

The hon. Member will be aware that Russia and the Ukraine announced an agreed gas price for 2008 of US$179.5 per 1,000 cubic metres on 4 December 2007. The Government encourage parties to negotiations such as these to come to a commercially viable, transparent price settlement that ensures predictability and reliability of supply, both to domestic and external customers.