Monday 16 December 2013

Ukraine-Russia Loan Talks Said to Be on Up to $15 Billion - Bloomberg #EuroMaidan

Ukraine-Russia Loan Talks Said to Be on Up to $15 Billion - Bloomberg:

"Ukraine is likely to get a discount for Russian natural gas of at least 25 percent from the price it now pays, according to Viktor Medvedchuk, a Ukrainian ally of Russian President Vladimir Putin.

“I believe that the gas price will be reduced,” Medvedchuk, who’s lobbying for Ukraine to join an economic bloc championed by Putin, said last week in his office in the center of Kiev, Ukraine’s capital. Russia may agree to cut the price by $100-$140 per 1,000 cubic meters from the current level of more than $400, he said. Shares in OAO Gazprom, Russia’s pipeline gas monopoly, rose to the highest in more than a month.

Putin and Ukrainian President Viktor Yanukovych meet tomorrow in Moscow, and there is a “big probability” that the two countries will sign a gas deal, Ukraine’s Energy Minister Eduard Stavytskyi said today in Kiev, declining to elaborate."

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