Russian President Vladimir Putin refused to lower the price of gas for Ukraine yesterday (12 July) during his first visit to the former Soviet republic since returning to the Kremlin in May, a meeting which Kyiv had hoped would resolve the energy stalemate.
Ukraine, which depends heavily on gas imports from Russia, has long wanted to revise a 2009 gas deal with Moscow which it argues set an exorbitant price for the fuel (see background).
But President Viktor Yanukovich’s talks with Putin, just like those with the Kremlin leader’s predecessor – and now prime minister – Dmitry Medvedev, failed to yield a breakthrough.
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