Wednesday, December 31, 2008

Ukraine 'Paid Gas Debt In Full'

From BBC News:

President Viktor Yushchenko has said Ukraine has paid its debt to Gazprom in full, to prevent the Russian firm cutting off its gas supplies.

But Gazprom said it had not received the money so far and "it is too early to talk about debt repayment".

Talks continued in Moscow as the two sides also need to agree on a price for 2009 gas supplies to Ukraine.

The Russian monopoly has threatened to cut off gas to Ukraine unless Ukraine signs a new contract by 1 January.

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