Russia, China round up joint naval exercise in Baltic SeaMilitary & Defense July 27, 21:27
Chechen leader says he is ready to quit his job to protect al-Aqsa Mosque in JerusalemSociety & Culture July 27, 21:07
Russian tennis star Sharapova granted wildcard for WTA tournament in CincinnatiSport July 27, 20:11
Russia invites Baltic partners to attend naval review in St. PetersburgMilitary & Defense July 27, 19:38
Russia’s new ambassador to Turkey presents his credentials to ErdoganRussian Politics & Diplomacy July 27, 19:03
Deadly wildfires in southern EuropeWorld July 27, 18:20
Russia interested in cooperation with Finland on Arctic environmentBusiness & Economy July 27, 18:14
New US anti-Russia sanctions way to pursue its economic interests with cynicism — PutinRussian Politics & Diplomacy July 27, 18:11
Moscow surgeons separate newborn Siamese twins conjoined at head in 30 minutesSociety & Culture July 27, 17:57
“Russia wants to sell gas to Ukraine for $500 (for 1,000 cubic meters). Well, but Ukraine will not buy this gas, the country does not need it,” local media quoted Poroshenko as saying on Thursday.
After a round of the trilateral Russia-Ukraine-EU consultations on gas issues on Wednesday, EU Commissioner for Energy Gunther Oettinger said EU proposed Ukraine to repay half of its debt for gas supplies in April-May until Moscow and Kiev agree upon a new gas price.Russia and Ukraine have officially settled all disagreements over the price for gas supplied between November 2013 and March, when it stood at $268 per 1,000 billion cubic meters, Oettinger said. However, Kiev still insists that the price for April-May, after Gazprom cancelled all discounts for the country and set the price at $500, is unfair.
Oettinger said that the EU will not introduce limits against Russian investments in the European power industry.
The EU is engaged in negotiations with Turkmenistan and Iraq over their participation in the Southern Gas Corridor pipeline which runs from the Caspian Sea and is a competitor of the South Stream pipeline run by Russia’s Gazprom, Oettinger said.
According to Oettinger, Turkmenistan and Iraq could boost the overall gas supplies via the pipeline by about 10 billion cubic meters annually.
The European Commission is still considering introducing a united gas price for the EU or a united gas purchase system, Oettinger said.