This was announced on Wednesday morning at a joint press conference by the heads of "Gazprom" and "Naftogaz Ukrainy," Alexey Miller and Alexey Ivchenko.

Miller reported that according to the contract, the gas supplier to Ukraine will be the company "Rosukrenergo" (a joint venture of "Gazprombank" and "Raiffeisenbank").

At the same time, he explained, "Gazprom" will sell its gas intended for Ukrainian consumers at a price formula with a base rate of $230 per thousand cubic meters.

In turn, Ivchenko noted that "Rosukrenergo" will supply gas to Ukraine at a price of $95 per thousand cubic meters.

As explained to journalists at "Gazprom," the difference in the price of Russian gas received by "Rosukrenergo" from "Gazprom" and the price of gas sold by this company to the Ukrainian side will be compensated by including gas of Turkmen, Uzbek, and Kazakh origin in "Rosukrenergo's" balance.

Miller also reported that the parties agreed to increase the transit tariff rate for Russian gas through Ukrainian territory from $1.09 to $1.6 per thousand cubic meters per one hundred kilometers with full payment in cash.

In turn, "Gazprom" official representative Sergey Kupriyanov told journalists that the shareholder capital structure of the company "Rosukrenergo" has not changed in connection with the signed agreement.

According to him, the agreement signed between Russia and Ukraine also provides for the settlement of the issue with unauthorized withdrawal of Russian gas in the first days of 2006.

As Kupriyanov said, physically the supplies of Russian gas to Ukraine were restored on January 2, however, legal issues related to the presence of this gas in Ukraine remained.

He emphasized that from January 1, 2006, for the next five years, the company "Rosukrenergo" will be the exclusive supplier of all imported gas to the territory of Ukraine.

Answering the question about what volumes of Russian gas will be supplied to the company "Rosukrenergo" for sale in Ukraine, Kupriyanov reported that they will be carried out in accordance with "Gazprom's" gas balance, which provides for the supply of 17 billion cubic meters of gas to Ukraine in 2006.

Kupriyanov did not answer the question of whether the Russian-Ukrainian agreements provide for any participation of "Gazprom" in Ukrainian gas transportation assets.

"Gazprom" also refused to comment on whether "Naftogaz Ukrainy" will continue to re-export gas. "We will say this separately," Kupriyanov told journalists.

He confirmed that information about the activities of the company "Rosukrenergo" will be disclosed, but did not specify in what volume and in what timeframe.

As is known, the company RosUkrEnergo has repeatedly faced accusations of corruption.