Ukraine managed to duck a gas shutoff earlier this month, but after the latest round of talks on their debt and pricing disputes with Russian exporter Gazprom ended in a stalemate, they’re facing another.
Gazprom CEO Alexei Miller warned today that because of Ukraine’s sizable debt they are on a prepayment system, and if they don’t prepay for any gas, they won’t receive any.
“If Ukraine pays for no volume at all, it means that gas shipments to Ukraine will be zero,” Miller noted. Ukraine’s government has spurned the prepayment scheme, and complained about Gazprom’s plan to charge them the same rate as other European nations, $485 per 1,000 cubic meters.
The last round of talks centered on the price issue, with Russian officials offering $385 per, and Ukraine insisting they would pay no more than $268.50, the level the previous Ukrainian government was paying.
Last 5 posts by Jason Ditz
- Russia FM: Calls for Syria to Halt Idlib Push an Attempt to Help al-Qaeda - February 19th, 2018
- Strikes Kill Scores in Syria's Eastern Ghouta in the Past 24 Hours - February 19th, 2018
- Israel Arming at Least Seven Syrian Rebel Groups - February 19th, 2018
- Turkey Warns Syrian Army Against Supporting Kurds in Afrin - February 19th, 2018
- ISIS Ambushes Shi'ite Militia in Iraq, Killing 27 - February 19th, 2018