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Russia-Ukraine gas dispute

Russia, Ukraine disagree on terms of repaying Ukraine’s major gas debt to Russia

Today, the debt of the Ukrainian national joint stock company Naftogaz Ukrainy for the gas supplies made in August, October and November has reached $2.02 billion

© EPA/SERGEY DOLZHENKO

MOSCOW, December 04. /ITAR-TASS/. Russia, Ukraine did not agree on the terms under which Ukraine will repay the country’s major gas debt to Russia yet, Gazprom CEO Aleksey Miller told reporters on Wednesday.

“Today, the debt of the Ukrainian national joint stock company Naftogaz Ukrainy for the gas supplies made in August, October and November has reached $2.02 billion, we are seeking for solutions to this problem, we are negotiating, but did not reach an agreement yet,” he stated.

Naftogaz Ukrainy has imported 1.7 billion cubic meters of Russian gas for $700 million in November 2013, Miller said, noting that Ukraine had owed $2.02 billion for gas supplies in August, October and November.

It was earlier reported that Ukraine has indebted $1.3 billion to the Russian gas giant Gazprom for gas supplies in August and October. Thus, in November Naftogaz has imported 1.7 billion cubic meters of gas for $700 million at the price of $400 for 1,000 cubic meters.

Meanwhile, Ukrainian Deputy Prime Minister Yuri Boiko and Naftogaz Ukrainy CEO Yevgeny Bakulin are holding the talks in Moscow with the aim to delay the deadlines of payments for Russian gas supplies in August-November, a source close to the Ukrainian company told Itar-Tass

“Boiko is conducting the talks with the Russian First Deputy Prime Minister Igor Shuvalov,” the source said. Ukraine is discussing the possibility to delay the deadlines of payments for the gas debt to the spring of the next year.

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Russia-Ukraine Gas Dispute

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