MOSCOW, June 16 (Xinhua) -- Russia's energy giant Gazprom decided on Monday to introduce prepayment regime with Ukraine's Naftogaz company, as the latter failed to pay its multi-billion-U.S. dollar gas debt.
"The decision was made because of the chronic nonpayment by Ukraine's Naftogaz. Arrears by the company for Russian gas deliveries stand at 4.458 billion dollars," Gazprom said in a statement.
Russia, Ukraine seek compromise on gas pricing
BEIJING, June 15 (Xinhuanet) -- Russia's top natural gas producer Gazprom is set to resume talks over pricing and debt with Ukraine, according to the company’s spokesman on Saturday. Talks are expected to resume in Kiev to settle the long-standing gas pricing dispute between Russia and Ukraine.
Russia has threatened to cut off natural gas supplies to Ukraine if it does not pay its debts of nearly 2 billions US dollars by Monday. The EU’s energy commissioner Guenther Oettinger has been mediating the gas talks which have not yielded any concrete results. Russia initially demanded Ukraine pay 485 dollars per 1,000 cubic metres of gas. Full story
Kerry urges Russia to end support to separatists in Ukraine
WASHINGTON, June 14 (Xinhua) -- U.S. State Secretary John Kerry on Saturday called on Russia to end the flow of weapons and support to separatists in Ukraine.
In a phone talk with Russian Foreign Minister Sergei Lavrov, Kerry expressed strong concern about events over the last few days in Ukraine, including the transport of heavy weaponry and militants across the border and the shooting down of a Ukrainian transport flight overnight, the State Department said. Full story