It is unprofitable for Ukraine and Russia to appeal to a Stockholm court over gas dispute because of its long-term consideration, Ukrainian Energy and Coal Industry Minister Yuriy Boiko has said, according to UKRINFORM.

"The average time of the consideration of cases at the Stockholm court is about two years. This is a lengthy process that may last even longer. We are careful about such things, and I'm confident that our Russian partners won't go to court as well, because nobody needs the consideration of this case within two years," Boiko said.

He added that the revision of gas contracts with Russia was not the only goal for Ukraine. "We do not count only on the revision of the contracts. Our country produces natural gas, extracts coal, and switches to energy-efficient technology and saving," the minister said.

At the same time, Boiko said that Ukraine would hold talks with Russia on a reduction in the gas price as long as it is necessary to make a well-though-out decision. "We will hold talks as long as it is necessary to taking into account all of the details and eliminate all of the possible hardships for our society," Boiko said.

He said that under the conditions of such a scale and responsibility, one-and-a-half years of intense negotiations were not a time limit for the country. "Therefore, we are very carefully examining all of the conditions that we are working out with our Russian partners," the minister said.

He said that Ukraine intended to build a stable structure meeting its national interests. At the same time, the price of gas should ensure the sustainable development of the Ukrainian economy. "We were guided by these principles when we started negotiations, and we are continuing to follow them now," Boiko said.

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