Ukraine: time for Gazprom to enter the stage? | beyondbrics:
"As the dust settles after the ousting of Ukrainian president Viktor Yanukovich, few doubt that Moscow is ready to protect its interests in this cash-strapped country through economic levers. Gazprom, Russia’s natural gas monopoly, will be front and centre in this process.
After he decided not, after all, to sign an association agreement with the European Union in November, Yanukovich agreed a $20bn support package with the Kremlin. As part of the deal, Gazprom cut its price to Ukraine by a third, to $268.50 per thousand cubic metres of gas.
On Monday, Dmitry Medvedev, Russia’s prime minister, said legally binding agreements must be fulfilled. “The decision adopted in the gas sphere has concrete time periods for implementation. What will happen after these expire is a question for discussion with the leadership of Ukrainian companies and the Ukrainian government, if one emerges there,” he said."
'via Blog this'
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