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GISMETEO.RU
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Ukraine’s economy may shrink if natural gas prices exceed $900/1,000 cu m
Journal Staff Report

KYIV, Oct 25 - Ukraine will begin to lose GDP at the average annual price of imported gas above $ 900/1,000 cubic meters, First Deputy Prime Minister - Minister of Economy Oleksiy Liubchenko has said.

"With an average annual price of imported gas of about $ 900 (for 1,000 cubic meters), we will begin to lose GDP. We have already modeled this," he said in an interview with ZN.UA.

"Until then, everything will be fine with us, from the point of view of GDP, and not from the point of view of individual industries," he added.




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