"With the significant drop of the world oil price that affected the gas price, we cannot extend the discount in its current form," Putin said.
At the same time, he has instructed the government to conceive of and calculate "an allowable amount of the discount" in the event that Ukraine submits such a request later this month.
Russian state gas monopoly Gazprom is currently deducting $100 per 1000 cubic metres from the contractual price of gas, delivered to Ukraine.