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Kiev rejects 50% Russian natgas price hike as politically motivated
Journal Staff Report

KIEV, Oct. 28 Russia has been seeking to hike by almost 50% prices of natural gas to be supplied to Ukraine next year, but Kiev has rejected the dramatic hike as politically motivated.

Russia has apparently suggested boosting the price up to $200 per 1,000 cubic meters in 2008, compared with $135/1,000 cu m in 2007, but President Viktor Yushchenko said the suggested price was unjustified.




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