You're reading: Reuters: Ukraine’s Naftogaz expects Russian gas prices to fall

The price of Russian gas supplies to Ukraine may fall to less than $340 per 1,000 cubic meters in the first quarter of next year from $375 in the fourth quarter of 2014 due to the sharp fall in oil prices, the head of Ukrainian state energy firm Naftogaz Andriy Kobolev said on Dec. 12.

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