Wednesday, June 11, 2014

Russia - Ukraine Natural Gas Talks Have Collapsed

A worker turns a valve at an underground gas storage facility near Striy May 21, 2014. Russia has said state-controlled exporter Gazprom will not supply transit nation Ukraine with gas for its own use in June if Kiev fails to pay in advance and has warned a cut-off could affect supplies to European consumer nations via Ukraine. REUTERS/Gleb Garanich

Ukraine Rejects Gas Offer as Talks End Without Deal -- Bloomberg Businessweek

Ukraine rejected a Russian proposal for the price of future natural-gas deliveries as European Union-brokered talks in Brussels ended without an agreement.

Russia offered to supply gas for about 20 percent below the current price, a level Ukraine said was still more than it’s willing to pay, EU Energy Commissioner Guenther Oettinger said at a press conference after the three-way meeting. Russia’s energy minister said the country also wants $1.95 billion for past fuel supplies before June 16 or it may cut shipments.

“In the next 48 hours we’ll try to make progress, not waste time,” Oettinger said. “Monday is quite a way off so there’s still a good opportunity.”

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More News On The Collapse Of Russian - Ukrainian Natural Gas Talks

Russia, Ukraine trade barbs after gas talks end in stalemate -- Deutsche Welle
Ukraine Rejects Putin’s Offer of Gas Discounts -- Time/AP
Ukraine rejects Russia’s gas offer -- Al Jazeera
Ukraine rejects Putin's gas discounts offer -- FOX News
Putin: Ukraine Gas Price Demands a ‘Dead End’ -- VOA
Putin accuses Ukraine of sabotaging gas talks -- Reuters
Putin warns Ukraine against rejecting gas offer as talks stumble -- Global Post/AFP
Putin: Russia offered gas deal to help Ukraine economy -- BBC
Ukraine’s demand for gas price below $385 leads to deadlock - Putin -- RT
Ukraine and Russia Still Far Apart on Gas Deal -- New York Times
Russia Ready to Review Ukraine’s Gas Debt, Scrap Prepayment Scheme – Energy Minister -- RIA Novosti
Moscow moves deadline for gas prepayments to June 16 -- Kyiv Post

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