2009-01-06 09:30:32 GMT SINA.com
After collapse of the Soviet Union, oil import prices to Ukraine reached world market levels in 1993, but both Ukrainian gas import prices and transit fees for Russian exports to Europe were set in bilateral negotiations, below European levels to some degree. At the same time Ukraine remained the main transit corridor for Russia's gas export. In 2004–2005, About 80 % of Russian gas exports to the European Union were made through Ukraine. Ukraine's own annual gas consumption was in 2004–2005 around 80 billion cubic meters (bcm), of which around 20 bcm were Ukraine's own production, 36 bcm were bought from Turkmenistan, and 17 bcm were received from Russia as a payment for Russian gas transit. The remaining 6-8 bcm were purchased from Russia.