Russia's Gazprom announces big gas price rise for Ukraine - ENERGY:
"Russian natural gas producer Gazprom announced a more than 40 percent increase in the price Ukraine must pay for gas on Apr. 1, stepping up economic pressure on Kiev in its political standoff with Moscow.
Ukraine will now have to pay $385.5 per 1,000 cubic metres of gas in the second quarter, an increase form $268.5 that was agreed in December, before the ouster of Ukraine's Moscow-backed president and Russia's annexation of Crimea from Ukraine.
Gazprom's Chief Executive Officer, Alexei Miller, said the increase was needed because Ukraine's debt for unpaid gas bills now stood at $1.7 billion. "
'via Blog this'
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