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Infrastructure minister: Tymoshenko gas deal will cost $80 billion
Journal Staff Report

KIEV, Oct. 10 - The gas accords with Russia signed under Yulia Tymoshenko's premiership will end up costing the country $80 billion over a decade, according to Infrastructure Minister Boris Kolesnikov.

"Tymoshenko signed a contract for forty billion cubic meters of natural gas per year, $200 more expensive [per thousand m3] than, let's say, the Federative Republic of Germany and Ukraine's main competitors in Europe are buying it for. That means Ukrainian industry and its citizens are paying $8 billion more each year than, let's say, the Germans are doing. Over ten years the damage to Ukraine will be $80 billion under this contract," Kolesnikov said on the Inter TV Channel on Friday evening.




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