Gas deadline passes for Ukraine; no deal

|By:, SA News Editor

The 6:00 a.m GMT deadline for Ukraine to pay its $1.95B bill to Russia's Gazprom (OGZPY) has passed. Ukraine now faces a potential shut off to its supply, as all gas going forward must be prepaid.

The gas also flows through Ukraine to additional parts of Europe, threatening the supply in a number of other countries.

The two attempted to continue the EU-brokered talks yesterday evening, although they could not settle their pricing dispute.