Ukraine, in order to reduce the price of imported gas, should invite its partners to create a gas transport consortium, the best option of which for Kyiv would be the preservation of a 50% stake and the transfer of 25% each to Russia and Europe, Vice Prime Minister Sergiy Tigipko said.

"If Russia does not agree, it will be necessary to bargain. Even if the percentage is lower, it will be necessary to retain a certain golden share in order to be able to influence the decision-making process," he said in an interview with the Focus magazine published on Friday, according to Interfax-Ukraine.

Tigipko said that without the success of the gas talks with Russia, the price of gas to be imported to Ukraine in the first quarter of 2012 would grow to $485 per 1,000 cubic meters from $435 per 1,000 cubic meters in the fourth quarter of 2011.

"I believe there will be a positive result from these talks. If the president and prime minister fail to agree with Russia, it will be very bad," Tigipko said.

As reported, in June 2009, after announcing his plans to run for president during the 2010 campaign, Tigipko called for a return to the idea of creating a gas transport consortium, which was announced in 2003: "The status of the gas transport system needs to be changed. Ukraine should retain a controlling stake and get two stockholders - one from Russia and the other from the EU."

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