21 Dec 2011 21:59

Ukraine Cabinet okays draft budget based on gas price of $416 per 1,000 cubic meters

KYIV. Dec 21 (Interfax) - Ukraine's government on Wednesday approved a 2012 draft budget based on the current natural gas price of $416 per 1,000 cubic meters, Agrarian Policy Minister Mykola Prysyazhnyuk told reporters in Kyiv.

Ukraine is in talks with Russia in seeking a reduction in the gas price to $250 per 1,000 cubic meters.