Gazprom Mulls Cancelling Ukraine Gas Discount Over Debt | World | RIA Novosti:
"MOSCOW, March 1 (RIA Novosti) – Russia’s state-run energy giant Gazprom said Saturday that Ukraine is $1.55 billion in arrears on payments for natural gas deliveries, which the company said may force it to cancel a discount on the fuel agreed in December.
Gazprom spokesman Sergei Kupriyanov told RIA Novosti that although relations with Ukraine remained good and that gas for onward delivery was being transited as required, payments still needed to be respected.
“What is owed is huge, not just for last year, but also debts for current deliveries,” he said, noting that Russia has issued a $3 billion line of credit for the express purpose of covering its gas debts.
Kupriyanov said “agreements on discounts mandated full and timely payment for deliveries.”"
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"MOSCOW, March 1 (RIA Novosti) – Russia’s state-run energy giant Gazprom said Saturday that Ukraine is $1.55 billion in arrears on payments for natural gas deliveries, which the company said may force it to cancel a discount on the fuel agreed in December.
Gazprom spokesman Sergei Kupriyanov told RIA Novosti that although relations with Ukraine remained good and that gas for onward delivery was being transited as required, payments still needed to be respected.
“What is owed is huge, not just for last year, but also debts for current deliveries,” he said, noting that Russia has issued a $3 billion line of credit for the express purpose of covering its gas debts.
Kupriyanov said “agreements on discounts mandated full and timely payment for deliveries.”"
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