KIEV, Oct. 27 – The agreement on Russian natural gas deliveries that was signed by the previous government does not correspond to the current Ukrainian legislation for a range of reasons, Prime Minister Mykola Azarov said.

"The current situation on the market has changed, that's why the basic agreement and the gas price formula require reconsideration. In addition, Ukraine joined the European Energy Charter and adopted a law on the gas market. Correspondingly, the international, legal and domestic legislative basis when agreements on deliveries and transit of gas were signed and fulfilled has now changed. Because of this, the agreement that was concluded by the previous government does not correspond to the current legislation of Ukraine," Azarov said while opening a government meeting in Kiev on Wednesday.