Gazprom, Naftogaz Agree on Winter Package Extension, Conditional to Putin’s Approval

Gazprom and Naftogaz apparently converged on extending the 'winter package' for at least three months on Monday, with the Ukrainian company welcoming the proposal put on the table by the European Commission and the Russian gas monopoly reportedly asking the government to keep the pricing policy for Ukrainian clients for three months. 

‘Ukraine received a letter from European Commission Vice-President for Energy Union Maroš Šefčovič on Friday in which he discusses his proposal to Russia to continue the current pricing mechanism for Russian gas supplied by Gazprom to Ukrainian consumers’ reads the note published by Naftogaz.

The Ukrainian company also reported that Šefčovič proposed a meeting in Brussels in mid-April.

A few hours, Gazprom’s Aleksey Miller reportedly said they are ready to extend the pricing mechanisms for three more months. 

“We consider the period of three months is optimal. First, because a spring-summer period is coming and also because we see a high dynamic of change in the gas prices in foreign gas markets,” Miller said in an interview with Rossiya 24 TV Channel, as reported by Russia Today.