Ostap Semerak: Reverse supply allowed Ukraine save almost half a billion dollars

Reverse gas, purchased in the European market for Ukraine, has cost about $ 500 million cheaper than gas, which we would have bought in Russia, Minister of the Cabinet of Ministers of Ukraine Ostap Semerak stated on air on TV Channel 24.

According to the Minister, the Government of Ukraine realized that Russia would turn off gas for Ukraine, and we would not have enough balance to provide energy system with the required volume. "Therefore, the Government conducted a planned preparation for winter. First of all, we’ve signed contracts on the reverse supply of natural gas", said the official noted.

"If you compare the gas price Ukraine pays under the reverse contracts in the EU market to the price, which had offered the Russian Federation, you conclude that gas, purchased in the European market, costs for Ukraine about $ 500 million less the same gas bought in Russia", the official emphasized.

Moreover, this is despite the fact that gas, which Ukraine bought, is reverse one, it was transited through Ukraine to Europe and then came back, the Minister added.

"Actually, this means that the price offered by the RF to Ukraine has nothing in common with the market one", Ostap Semerak underlined.