Thursday, 29 May 2014

Russia, Ukraine Fail to Agree on Gas Plan as Cut Looms - Bloomberg

Russia, Ukraine Fail to Agree on Gas Plan as Cut Looms - Bloomberg:



"Russia and Ukraine remain at loggerheads over natural gas deliveries after a possible compromise put forward by the European Union to help avoid supply disruptions as soon as next month failed to win support.



Russia is ready to discuss price changes and also may withdraw a demand for advance payments once Ukraine starts paying for deliveries, officials in Moscow said yesterday. The government in Kiev is prepared to pay up once Russia lowers prices.



“We are ready to pay the market price for gas, but never the political one,” Ukrainian Prime Minister Arseniy Yatsenyuk said yesterday in Berlin."



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