Ukraine is likely to ignore a recent Russian offer for gas supplies in the third quarter of 2016 in favor of buying elsewhere in Europe, Yury Vitrenko, a deputy head of Ukrainian state energy firm Naftogaz, said on Friday. Naftogaz said this week that it had expected to agree a new supply deal with Russia’s Gazprom for the winter period of 2016/17 but that the price would have to be “economically reasonable”. Vitrenko said on Friday that Russian energy officials had offered a price of $177 per 1,000 cubic meters (tcm), while the price for gas in Europe had decreased to less than $173. “Under these conditions we will not buy gas from Gazprom. We will buy […]