A gas pipe is pictured at an underground gas storage facility in the village of Mryn, 120 km (75 miles) north of Kiev May 21, 2013. Credit: Reuters/Gleb Garanich
Ukrainian PM Says Russia Wrecked Gas Talks -- Wall Street Journal
Orders Officials to Prepare for Shutdown of Russian Gas Supplies
MOSCOW—Ukrainian Prime Minister Arseniy Yatsenyuk said Friday that Moscow has wrecked talks on natural gas supplies and ordered officials to prepare the country for a shutdown of gas deliveries from Russia from Monday.
Ukraine's gas monopoly Naftogaz said earlier Friday that it is ready to repay $1.9 billion in outstanding debt to Russia for gas deliveries if Moscow and Kiev agree on an interim gas price of $326 per 1,000 cubic meters.
An official with the Russian Energy Ministry, who asked not to be named, said the ministry was unaware of Ukraine's willingness to cover the debt or its readiness to agree to a price of $326. If Russia's gas monopoly Gazprom doesn't receive the debt repayment by 1000 Moscow time (0600 GMT) Monday, it will halt gas supplies, switching to a prepayment system.
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More News On Russia - Ukraine Gas Talks
Ukrainian PM orders govt: ‘Prepare for Russian gas imports to stop’ -- RT
Ukraine braces for Russian gas cuts from Monday -- Reuters
Ukraine Prepares for Gas Cut as EU Price Offer Rejected -- Bloomberg
Ukraine suggests compromise gas price in row with Russia -- Reuters
Ukraine, Russia set for gas talks in Kiev -- Reuters
My Comment: As I had said before .... unless Europe coughs up some money to help Ukraine pay-off it's natural gas debt to Russia .... Russia is going to close the taps.
2 comments:
1.
In Kiev some people are bombarding the Russian embassy with eggs and are turning over several vehicles belonging to Russian diplomats. Are this going to make Russia angry?
Funny what the governor of Dniprovorsk wantas to build near the Russian border. A giant fence with barbed wire and water ternch . It will be 2 thousand km long and will kost several hundreds of million dollars. Hope this will be made it wil be a funny thing too see LOL:)
To illustrate your comment:
https://www.youtube.com/watch?v=OHgFs4Oxuc4
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