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“The Russian side continues meeting its gas commitments to Ukraine and European consumers,” he said, adding the debt remained unpaid on May 19.
“We said we had not received a single payment in more than two months. We heard both from Ukraine and the European Commission that they confirmed the existing debt both in terms of its volume and price,” Novak emphasized.
The economic situation is not the only reason why Ukraine has so far failed to pay off at least part of its gas debt to Russia, Russian Energy Minister Alexander Novak said.
“Accordingly, they were to have been paid (to Russia’s Gazprom),” he continued.
“We expected that part of the funds allocated by the International Monetary Fund would be used to pay for the delivered gas,” he said, adding that at the present stage Ukraine should at least demonstrate readiness to pay off the debt.
At the same time, Ukraine’s repayment of current debts to Russia is not enough for the settlement of the ‘gas row,” he said. “It is not enough to pay off the debt to see the situation normalized; the financial situation and economic constituent must be considered on the whole, so that to have a possibility to make current payments in the future, to timely pump gas into underground gas storage facilities, or in other words to restore a normal situation in the Ukrainian economy,” the minister added.
He said Russia was ready “to participate in the restoration of the Ukrainian economy, make its contribution, however not alone but with taking into account contribution by other participants, including countries of the European Union”.