Ukraine could pay Russia an initial $2B in proposed deal to resolve gas dispute

Russia and Ukraine take a tentative step toward resolving the dispute that threatens to cut off Ukraine's gas supply, as the two governments agree to consider a deal in which Ukraine would quickly pay Russia $2B on Thursday, followed by negotiations on Friday over the price Russia charges Ukraine for its gas, EU Energy Commissioner Günther Oettinger says.

The deal first would need to be approved by Moscow and Kiev, as well as the boards of state gas companies Naftogaz of Ukraine and Gazprom (OGZPY) of Russia.

However, emboldened by the election of a new pro-Western president, Ukraine PM Yatseniuk says Gazprom owes Kiev natural gas worth ~$1B which it had "stolen" when Moscow annexed Crimea.

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  • ambrasltd
    , contributor
    Comments (10) | Send Message
    PM Yatseniuk, a non-elected official and puppet of the Puppet-Master, continues to stir the pot having no proof of what he states. As to the specifics of "stealing" gas, the price Russia charged was agreed upon PRIOR to shipping to the Ukraine. In the western world, or basically the capitalistic world in which Yatseniuk wants to play, bad customers do not get the same price for products as what good paying customers receive.
    27 May 2014, 08:32 AM Reply Like
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