Home Page | Photos | Video | Forum | Most Popular | Special Reports | Biz China Weekly
Make Us Your Home Page
Most Searched: Prince George  Mexico quake  Malaysia Airlines  Crimea  MH370  

Ukraine seeks to overhaul gas supply deal with Russia: PM

English.news.cn   2014-06-11 18:52:39

KIEV, June 11 (Xinhua) -- Ukraine insisted on a complete revision of its gas supply deal with Russia and would not be swayed by offers of discounts, Prime Minister Arseny Yatsenyuk said here Wednesday.

"We still adhere to our old position: we should revise the agreement and set a market price for gas in it," Yatsenyuk told a cabinet meeting.

Moscow currently charged Ukraine 485 U.S. dollars for 1,000 cubic meters of gas, but a fair price was 268, Yatsenyuk said.

He described Russia's offer of a 100-dollar discount as a "trick", as Moscow could cancel that price cut at any time.

In the current environment, Kiev had no reason to trust the Russian authorities, so the Ukrainian side insisted on a contract revision, he said.

The two sides have been locked in dispute for three years over the contract, signed in 2009, under which they agreed to tie the price of gas to the international spot price for oil.


EU, Ukraine, Russia gas talks fail to reach deal

BEIJING, June 10 (Xinhuanet) -- The trilateral talks between Ukraine, the European Commission and Russia failed to reach a deal on Tuesday after 8 hours of negotiations. That’s according to EU commission spokesman Sabine Berger.

He also said the talks will continue later on Tuesday or early on Wednesday. Russia has threatened to cut off gas supplies to Ukraine as early as Tuesday, with possible knock-on effects for EU supplies, because Ukraine has failed to pay its gas bill. Full story

Ukraine, Russia, EU to discuss debts, gas price

BEIJING, June 10 (Xinhuanet) -- Ministers from Ukraine, Russia and the European Commission are scheduled to meet on Monday evening to seek solutions over a gas price dispute.

Russian Energy Minister Alexander Novak, his Ukrainian counterpart Yuri Prodan and EU Energy Commissioner Guenther Oettinger are expected to attend the energy meeting. The meeting will be the fifth round of talks.  Full story

Russia, Ukraine inch closer to gas deal

BEIJING, June 3 (Xinhuanet) -- Russia and Ukraine have made substantial progress toward reaching an agreement on a lower price for gas deliveries and the payment of outstanding debt by Kiev.

This comes after Ukraine’s Naftogaz paid Russia’s Gazprom 786 million US dollars for the February and March supplies, following the first round of EU-mediated talks in Berlin last week. Full story

Russia confirms partial payment from Ukraine in gas debt

MOSCOW, June 2 (Xinhua) -- Russia confirmed Monday it had received 786.4 million U.S. dollars in partial payment of Ukraine's gas debt, and had rescheduled a prepayment scheme due to start from June 9.

Two money transfers had been made as payment for gas supplies in February and March 2014, when Ukraine's Naftogaz company took 1.64 billion and 1.8 billion cubic meters of gas respectively at 268.5 dollars per 1,000 cubic meters, according to Russia's Energy Ministry. Full story

Russia: Ready for gas talks if Ukraine confirms payment

BEIJING, June 2 (Xinhuanet) -- Russia says it is ready to hold talks with Ukraine over gas supplies next week, once it receives a partial debt payment from the country. But Moscow warned gas supplies will be halted from Tuesday if Ukraine didn’t make the payment.

Monday is the deadline set by Russia to cut the flow of gas if Kiev does not pay its outstanding bills. Earlier, representatives from the EU, Russia and Ukraine met in Berlin, to seek a solution. Ukraine says it had made an initial payment of 786 million US dollars. Full story

Ukraine halts military products supplies to Russia since March: official

MOSCOW, May 31 (Xinhua) -- Ukraine has suspended supplies of arms, military hardware and its components to Russia since March, Russian Deputy Defense Minister Yuri Borisov said Saturday.

"Russia cannot receive arms that have been prepaid," the Itar- Tass news agency quoted Borisov as saying. Full story


Editor: An
Related News
Home >> World            
Most Popular English Forum  
Top News  >>
Photos  >>
Video  >>
Top World News Latest News  
  Special Reports  >>