Russia may ease Ukraine's gas terms, but Kiev must settle its bills




 
--
Boots
 
March 11th, 2015  
News Manager
 

Topic: Russia may ease Ukraine's gas terms, but Kiev must settle its bills


Russia may ease the terms of its gas supplies to Ukraine, Russian Energy Minister Alexander Novak told Reuters, but he said that sooner or later Kiev would have to pay for the gas Moscow is supplying to rebel-held areas of east Ukraine. A supply deal to cover the winter months expires on March 31, along with a discount of $100 per 1,000 cubic meters of gas imported by Kiev and a suspension of the take-or-pay requirement written into the contract. In an interview with Reuters, Novak said Russia was open to prolonging those concessions even without a new deal, which has been referred to as a "summer package", for the period after March 31. "A discount is possible under the contract as well - no separate (summer) packages are needed if Ukraine and Russia reach an agreement.




More...
 


Similar Topics
Russia cuts gas to Ukraine, flows to EU threatened
Ukraine faces gas cut threat as talks with Russia fail
Amid 'gas war' talk, Russia reassures Europe on supply
Ukraine looks to Europe for gas as Russia ups pressure
Russia warns Europe of gas supply cuts over Ukraine debt